Dow Jones Rebounded in Late Trading to Close Slightly Higher, while Nasdaq Fell Nearly 1% Due to Declines in Chip Stocks
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Author:小编   

On Tuesday, June 10, 2026, U.S. stocks exhibited divergent trends in late trading, with the three major indices closing mixed: the Dow Jones rose by 0.17%, the Nasdaq fell by 0.97%, and the S&P 500 index declined by 0.26%. Chip stocks across the board dropped, with the Philadelphia Semiconductor Index falling by 1.93%. Individual stocks such as ARM, Qualcomm, AMD, and Seagate Technology all declined. Optical communication concept stocks also moved lower, with significant drops seen in Marvell Technology, AAOI, POET, Corning, Coherent, Lumentum, and others. Market volatility was primarily influenced by factors such as rising expectations of a Federal Reserve interest rate hike, a correction in high valuations within the technology sector, and tightening global liquidity.