US stocks closed lower overnight, with a sell-off in semiconductor shares acting as the main drag. The Dow Jones Industrial Average fell 105.67 points to close at 52,552.97. The S&P 500 dropped 38.63 points to end at 7,533.77, and the Nasdaq Composite tumbled 387.28 points to finish at 25,881.95. Semiconductor stocks plunged as much as 4.3%. Even though Taiwan Semiconductor Manufacturing Company reported second-quarter 2026 profit surging over 77%, investors continued to offload shares, reflecting overly high expectations. SanDisk shares slumped 12.6%, while Micron Technology, AMD, and Broadcom each fell around 5%. In European markets, the STOXX 600 index edged up 1.02 points to 643.73, marking a third straight day of gains. ASML rose 3.16% after reporting strong results, but STMicroelectronics dropped 4.91%. Asian markets opened mostly lower this morning, tracking the US lead, with the Nikkei and Shanghai Composite declining while the Hang Seng posted a slight gain. The Thai stock market is expected to move sideways, lacking fresh catalysts, with attention on Middle East developments and the tech sell-off that could weigh on Thai electronics stocks. BCP is in focus after Bangchak Group began producing and selling domestically made sustainable aviation fuel for the first time, using it on Thai Airways flights on the Bangkok-Singapore route.
Taiwan Semiconductor Manufacturing Co. Ltd.
ASML Holding N.V.
Micron Technology Inc
Sandisk Corp
Advanced Micro Devices Inc
Broadcom Inc
STMicroelectronics N.V.
