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.
As today’s expert said, “The market has been price for quite a while for perfection and these are certainly imperfect times. In that environment you are going to see some back and forth and some fear of prices having gone too far.” Volume came in at 19.5 billion, just a bit below the 20.3 average.
DJ: 50,866.78 -695.15 NAS: 25,709.43
-1,121.53 S&P: 7,383,74
-200.57 6/5
DJ: 50,786.01 -80.77 NAS: 25,929.66
+220.23 S&P: 7,405.73
+21.99 6/8
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