Wall Street ends lower on semiconductor selloff as AI spending concerns mount

Wall Street ends lower on semiconductor selloff as AI spending concerns mount

By Abigail Summerville, Twesha Dikshit and Joel Jose

Tue June 23, 2026  

AI jitters continued into a second day with investors concerned about too much debt propping up too much capital expenditures for AI expansion and will these companies be able to recoup these huge outlays. These jitters were aggravated by Elon Musk turning to the bond market for even more capital. Also impacting the jitters was sentiment that the Fed may actually do two rate increases this year and thus this very interest-sensitive sector is bracing for bad news ahead.  

S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran

S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran

By Abigail Summerville, Twesha Dikshit and Joel Jose

Mon June 22, 2026  

AI profitability jitters rattled the tech sector again today dropping both the S&P and Nasdaq like rocks from the outset with funds flowing back into industrials as the Dow rose 3-digits again. The markets continue to evaluate the very up and down Iran negotiations. The next test for tech comes Wednesday with Micron’s quarterly report, which is up 300% so far this year.  

Wall St indexes advance with boost from chips, Iran optimism

Wall St indexes advance with boost from chips, Iran optimism

By Sinéad Carew and Twesha Dikshit

Thu June 18, 2026  

Today’s signing of the interim peace agreement and 60-day ceasefire plus the first ships passing through the Strait of Hormuz was very good news on the inflation front and the inflation-dependent tech sectors. As oil prices tumbled, both the S&P and Nasdaq shot straight up from the open, the Nasdaq up nearly 500, while there was a flight from the Dow with monies flowing back to tech though even the Dow still closed in positive territory.  

Wall Street sinks on bets Fed will hike rates this year

Wall Street sinks on bets Fed will hike rates this year

By Sinéad Carew and Sruthi Shankar

Wed June 17, 2026  

It’s amazing how powerful silence can be for, even though our new Fed chair Kevin Warsh said nothing about the policy path of interest rates, the fact that he did not mention a timetable for a rate hike was more than enough to send all three indexes spiraling down like rocks right at 2 pm. What was said was that policy would focus on price stability which could generally mean a hike to water down inflation.

Nasdaq and S&P 500 slip while Dow hits record high

Nasdaq and S&P 500 slip while Dow hits record high

By Sinéad Carew and Sruthi Shankar

Tue June 16, 2026  

It was a day for tech to take a breather after yesterday’s enormous rally with tech coming down a massive 5.7% and while investors continue to digest the war and peace news, falling oil prices and rising financials pushed the Dow into a second day of records. All eyes will be on Fed comments tomorrow as Kevin Warsh as the new chair will report on whether rising oil prices continue to bleed into other sectors as they showed in May.  

Wall Street rallies, Dow ends with record on US-Iran deal, oil price slide

Wall Street rallies, Dow ends with record on US-Iran deal, oil price slide

By Sinéad Carew and Twesha Dikshit

Mon June 15, 2026  

The weekend news of a peace accord to be signed this Friday in Geneva (but details not yet forthcoming) was quite predictably greeted with great aplomb as all three indexes skyrocketed from the open and stayed there all day, all three with very substantial 3-digit gains. The Dow hit a new record. The key of course for tech is the promised reopening of the Strait of Hormuz which controls the flow of oil and with oil controlling inflation and inflation controlling tech, the whole sector zoomed even more.  

Wall Street ends up on Iran war peace deal hopes, SpaceX's historic debut

Wall Street ends up on Iran war peace deal hopes, SpaceX's historic debut

By Caroline Valetkevitch and Johann M Cherian

Fri June 12, 2026  

Third party sources saying that a peace deal was near bolstered the markets even though, as predicted, today’s SpaceX IPO made trading very choppy as the company was transformed into a $2T valuation. In fact, the huge IPO, the largest in fact in history, put the all too familiar rhetoric of peace in a few days on the back burner even though there was more positive sentiment today.