Nasdaq led gains as U.S. stocks finished up on Thursday. Chipmakers rallied, and oil pulled back after an early U.S.-Iran deal took some heat off inflation worries.
Apple will hike prices on some products as memory and storage-chip costs jump, Chief Executive Tim Cook said to The Wall Street Journal. Cook called price rises “unavoidable,” Reuters reported. The move is the clearest sign yet that the AI infrastructure boom is now reaching consumer electronics.
Chip stocks boosted Wall Street late Thursday morning, with U.S. indexes moving up as oil prices fell and some inflation worries cooled despite a firmer tone from the Federal Reserve. The Dow Jones Industrial Average added 0.36% at 11:23 a.m. ET, while the S&P 500 was up 0.91%. The Nasdaq Composite climbed 1.25%.
The Dow Jones Industrial Average gained Thursday after oil prices fell and chip stocks jumped, but the blue-chip index lagged behind the S&P 500 and Nasdaq. Investors remained cautious on the Federal Reserve’s hawkish tone.
Micron Technology Inc shares traded higher Wednesday, bouncing back along with other chip names. Investors shrugged off Tuesday’s drop in tech and are focused on next week’s earnings, looking for signs of demand for AI memory chips.
Dow edges higher, Nasdaq and S&P 500 slip; market stays in tight range U.S. stocks closed mixed Wednesday. The Dow Jones Industrial Average added 0.33% to 52,169.53, while the S&P 500 eased 0.07% to 7,506.27 and the Nasdaq Composite dipped 0.15% to 26,337.77, according to LSEG data on Reuters. Market action stayed narrow, with neither a clear selloff nor a full risk-on move.
U.S. stock-index funds edged higher or held steady in late after-hours trade Tuesday. The Dow Jones Industrial Average hit another record, but tech pressure pulled down the S&P 500 and Nasdaq.
Micron Technology shares slid Tuesday after hitting a record high, as traders cashed in gains from the stock’s recent AI-fueled run. Shares were last at $1,048.87, off $39.12 from the previous close. The stock opened at $1,100 and moved between $1,020.20 and $1,133.00. This follows Monday’s rally, when Micron closed at a record $1,087.99 after buyers pushed memory-chip stocks higher on hopes for more AI data-center demand.
U.S. stocks jumped Monday with an early U.S.-Iran framework stirring hopes the Strait of Hormuz might reopen soon for oil shipping. Reuters, citing LSEG data, showed the Nasdaq on top as money returned to growth stocks. The Dow hit an intraday high after crude prices slid and traders dialed back inflation bets.
Invesco QQQ Trust jumped Monday as buyers returned to big tech after the U.S. and Iran reached a tentative deal meant to end the Middle East war and reopen the Strait of Hormuz. QQQ was last at $743.54, up $22.20, or 3.1%, hitting an intraday high of $744.71, based on recent prices. Reuters said the Dow set an intraday high and the S&P 500 and Nasdaq gained as the agreement sent crude lower.
• SMH traded above $646 around midday Monday, after finishing at $619.96 on June 12.• Lam Research, Marvell, Arm, ASML and Kulicke & Soffa extended their gains, building on last week’s chip rally.• Market strength continued as buyers stayed with AI infrastructure names.
Stocks jumped Monday, with investors turning to risk as a first-step U.S.-Iran deal took some pressure off Middle East oil worries. According to LSEG-delayed figures on Reuters, the Dow Jones Industrial Average added 648.99 points, or 1.27%, to 51,851.25. The S&P 500 was up 1.50% at 7,543.05, and the Nasdaq Composite ran ahead 2.35% to 26,496.47. Reuters said the Dow hit an intraday peak as gains spread out from tech shares.
Wall Street looks set for gains on Monday, with stocks tied to artificial intelligence and falling energy prices leading the premarket action. U.S. futures moved higher after Reuters said Washington and Tehran reached a tentative Iran deal to end the war and reopen the Strait of Hormuz. Oil fell to its lowest in three months on the news. Investors tend to buy stocks on hopes for stronger earnings or less risk, and sell if the outlook for profits, multiples or confidence slips. In today’s trading, chipmakers are picking up as capital flows back to AI plays. Airlines are also up as lower fuel prices boost profit margins.
U.S. stock futures jumped early Monday. Investors came back into risk assets after a preliminary U.S.-Iran agreement lessened worries about a lasting oil shock. Dow Jones futures were up 457 points, or 0.89%, at 51,684, while S&P 500 futures gained 92.25 points, or 1.24%, to 7,527.25. Nasdaq 100 futures rose 629.25 points, or 2.12%, to 30,291.25 just before 5 a.m. ET, Markets Insider data showed.
Stocks futures rallied early Monday on news that Washington and Tehran struck a preliminary deal to end the Iran war and reopen the Strait of Hormuz. The route is vital for oil shipments. Dow E-minis traded up 480 points, or 0.94%, at 04:45 a.m. ET. S&P 500 E-minis added 95.75 points, or 1.29%. Nasdaq 100 E-minis rose 653.75 points, or 2.2%, per Reuters. MarketWatch reported Dow futures aimed for a roughly 500-point jump right after news broke of the tentative deal.
Micron Technology started the week still trading under $1,000, ending Friday at $981.61, while most U.S. indexes climbed. The lag stands out since Micron is seen as a key artificial-intelligence memory play, now valued near $1.12 trillion. Investors are questioning if the earnings outlook is too bullish for the stock.
AI stocks in the U.S. go into this holiday-shortened week with risk sentiment looking better but still shaky. The Dow, S&P 500 and Nasdaq all closed up Friday and posted weekly gains. Lower oil and some optimism around U.S.-Iran news helped. Investors also looked at SpaceX’s Nasdaq debut. The stakes are clear for Nvidia, AMD, Broadcom, Micron, Oracle and Super Micro Computer. These names usually get a lift when markets want growth and will pay up for it now, but they can sink fast if higher rates, big costs or soft guidance cloud the outlook.
NEW YORK, June 13, 2026, 06:55 EDT. AI chip stocks were stronger after a bump from an AMD upgrade and news that SK Hynix is planning a Nasdaq listing, sending the market back to Nvidia’s supply chain.
• Schwab’s Trading Activity Index came in at 55.08 for May, up from April’s 50.10.• Retail clients kept buying, with tech getting the most attention. Trading in ETFs and options hinted at a shift to caution.• OCC reported total options volume jumped 25.3% year over year in May, showing a busy month across the options market.
Micron Technology shares are back within reach of the $1,000 mark after a sharp rebound in chip stocks, with MU closing Thursday at $995.87, up 11.66%, and indicated slightly lower in early Friday premarket trading. The move matters because Micron has become one of the clearest stock-market proxies for the AI memory boom, with its market value around $1.14 trillion and investors now debating whether the rally still has room to run.