Trump vows to respond to downed US helicopter

Trump vows to respond to downed US helicopter

By Caroline Valetkevitch and Twesha Dikshit

Tue June 9, 2026  

The big tech rebound lasted but a day. Upon hearing the news of the downed Apache helicopter in the Strait of Hormuz raising ever more doubts about a truce, all the indexes sank dramatically all morning until 1 pm. The Dow was down almost 600, the Nasdaq down a whopping 950, the S&P over 160. After 1 pm, the market began a steady rebound with tech recouping most of its losses and the Dow even managed to break into the black in the final few minutes. The VIX hit 19.8, its highest in two months (but still a far cry from the benchmark 30 that spells real trouble) but all eyes will now be on CPI coming Wednesday.  

S&P 500, Nasdaq rise as tech, chipmakers rebound

S&P 500, Nasdaq rise as tech, chipmakers rebound

By Caroline Valetkevitch and Sruthi Shankar

Mon June 8, 2026

After Friday’s devastating rout, today was a day for bargain hunting as investors picked up a lot more chip stocks. That combined with Israel and Iran agreeing to stop their attacks on each other for the time being boosted everything, the Dow up about 400, the Nasdaq almost 500 by 11 a.m. before all indexes began a steady decline with tech still closing in the black, the Dow losing all its gains plus 80. 

Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears

Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears

By Stephen Culp and Medha Singh

Fri June 5, 2026

The tech sector alone lost more than $1T in value today as all indexes plunged in a severe rout that hasn’t been seen in over a year. It was straight shot down the entire day with the Nasdaq losing over 1100 points and the S&P, which so very rarely reaches even a 100 point deficit did twice that today. The trigger was yet another case of very good news being taken as very bad news as today’s jobs report showed more than twice the number added than expected, thereby dousing hopes for a rate cut this year. Signs of a solid job market and resilient economy was, today anyway, not nearly as important as a rate cut.  

Dow claims record closing high, S&P 500 advances; chip selloff weighs on Nasdaq

Dow claims record closing high, S&P 500 advances; chip selloff weighs on Nasdaq

By Stephen Culp and Medha Singh

Thu June 4, 2026  

The Dow zoomed up big time wiping out yesterday’s losses by a considerable margin, mainly due to strong advances in healthcare and financials. The S&P also did well but the Nasdaq got slammed by a disappointing Broadcom report that sent the whole chip index down and had investors asking about AI, “Is this real? Are these valuations legitimate?” The index fell some 300 at open but recovered most of it by close.  

Wall Street ends lower as Middle East tensions escalate

Wall Street ends lower as Middle East tensions escalate

By Stephen Culp and Medha Singh

Wed June 3, 2026  

With the resumption of hostilities in Iran over the weekend, I would have thought that Monday and Tuesday would have been a short-sellers heaven. Instead, the market rose. It looks like it took three days for the war news to sink in as today there was a decisive rout all around with oil prices and inflation beckoning higher and higher and the opening of the Strait of Hormuz being critical to stemming the tide. Of course, this does not look like it’s happening soon. Inflation concerns caused a lot of profit-taking today even though fundamentals are strong, the job market looks solid and the services sector continues to expand.  

World stocks rally on AI optimism; jitters over Iran persist

World stocks rally on AI optimism; jitters over Iran persist

By Amanda Cooper and Chibuike Oguh

Tue June 1, 2026 8:38 PM EDTUpdated 1 hour ago  

The indexes edged slightly higher with continued AI fever as major companies continue to raise huge sums for AI expansion, Alphabet alone to the tune of some $80 billion. Job openings increased more than expected and that combined with yesterday’s data of increased factory activity lent more confidence to the stability and resilience of the economy. Of course, the real job numbers come on Friday. The jobs and factory data likely contributed to the big boost in the Dow.  

Wall St ends higher, boosted by tech gains, US-Iran peace hopes

Wall St ends higher, boosted by tech gains, US-Iran peace hopes

By Stephen Culp and Medha Singh

Mon June 1, 2026  

Nvidia today announced a revolutionary new AI chip that will go into personal computers and transform the entire PC market. With that news, there was a dramatic flight out of industrials and into tech with the Dow sinking almost 300 points by 11 a.m. but then recovering to close with a modest gain. Both the Nasdaq and S&P were on a consistent upward slope with the Nasdaq gaining some 220 by 2 pm before losing about half of that by close. Ditto for the S&P.