Micron Technology IncMU
Mentioned
The S&P 500 fell 0.05% to 7,354.02, the Nasdaq Composite declined 0.24% to 25,297.62, and the Dow Jones Industrial Average slipped 0.09% to 51,876.11 on June 26, as technology weakness intensified. Sandisk shares plunged over 10% and Micron Technology fell 7%, leading a sell-off in memory and chipmakers that weighed on the broader technology sector. Broadcom and Seagate Technology also finished lower amid shifting sentiment and rising volatility. The tech-heavy Nasdaq finished the week down 5% as the artificial intelligence trade came under increasing pressure, while sticky inflation data drove a rotation into defensive stocks. Gold prices rose 0.96% to $4,086.40 and the 10-Year Treasury yield fell 0.02% to 4.38%.
Micron Technology Inc
Sandisk Corp
Broadcom Inc
Seagate Technology PLC