Stocks Settle Mixed as Tech Weakness Weighs on the Broader Market

Price Action
โดย Barchart·Read original
Summary · why it matters

U.S. stocks settled mixed on Wednesday, with the S&P 500 and Nasdaq 100 falling to one-and-a-half-week lows as losses in chipmakers weighed on the broader market ahead of Micron Technology's earnings results. The S&P 500 Index closed down 0.10 percent, the Dow Jones Industrial Average rose 0.35 percent, and the Nasdaq 100 Index fell 0.43 percent. Chipmakers and AI infrastructure stocks retreated, with Seagate Technology Holdings and Western Digital down more than 4 percent, while cryptocurrency-exposed stocks sold off as Bitcoin tumbled to a 20-month low, dragging Strategy down more than 9 percent. Homebuilders and building suppliers rallied after KB Home reported strong earnings and the 10-year T-note yield fell to a six-week low of 4.40 percent, with KB Home surging more than 16 percent. Airline and cruise stocks also gained as WTI crude oil plunged more than 3 percent to a three-and-a-half-month low, reducing fuel costs.

Impact on stocks 45

Digital Finance & Tokenization · 4 stocks
Critical Materials & Supply Chain · 3 stocks
Semiconductors · 3 stocks
Cloud & Digital Infrastructure · 2 stocks
Smart City / Autonomous Infrastructure · 1 stocks
Energy Transition & Power Demand · 1 stocks
Climate Adaptation & Water · 1 stocks
Consumer Staples · 1 stocks
Cybersecurity & Digital Trust · 1 stocks
Carbon Removal (DAC) · 1 stocks
Financials · 1 stocks
Synthetic Biology (non-pharma) · 1 stocks