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Tech Stocks Waver Ahead of SpaceX’s IPO
The Wall Street Journal61d agoneutral
Tech Stocks Waver Ahead of SpaceX’s IPO

Shares of Marvell Technology, computer memory-maker Micron Technology and Advanced Micro Devices all fell sharply. Many investors may be moving portfolios out of stocks that have risen strongly this year to free up cash for the SpaceX IPO expected this week. Existing home sales in May came in ahead of forecasts.

Associated Press61d agoneutral
How major US stock indexes fared Tuesday 6/9/2026

The Dow Jones Industrial Average edged up 0.2%, and the Nasdaq composite sank 1%. Indexes swung lower after companies selling computer chips, memory and other building blocks of the AI boom broke from early gains to losses. The drops for AI stocks drowned out the benefit of lower oil prices, and most stocks in the S&P 500 rose.

Nasdaq's Wild Day Shows Robots Are Running the Market
Barrons.com61d agoneutral
Nasdaq's Wild Day Shows Robots Are Running the Market

The Nasdaq Composite reversed sharply at a key level on Tuesday in a move that suggests robots are running the market right now. Instead, the moves appeared to be driven by traders who implement technical analysis, chase momentum, and those who employ other quantitative analysis strategies such as commodity trading advisors. “May marked one of the strongest rebounds on record, with many indices posting historically strong 9-week rallies,” writes Mizuho’s Daniel O’Regan.

The Havens From Tuesday’s Selloff
The Wall Street Journal61d agobearish
The Havens From Tuesday’s Selloff

Traders fleeing Friday's selloff took refuge in companies like Kleenex-maker Kimberly-Clark. On Tuesday, they're piling into peanut butter and home-improvement supplies. Shares in Home Depot were recently the Dow's best performers, while Jif-maker J.

MT Newswires61d agoneutral
Sector Update: Energy

Energy stocks were lower Tuesday afternoon, with the NYSE Energy Sector Index falling 1.5% and the S