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NASDAQ:NVDA 18 January 2026 - 20 January 2026
U.S. stock markets experienced volatility in late June 2026, with notable declines in technology and semiconductor stocks. On June 23, the Dow remained near 51,700, supported by large-cap stocks, while the S&P 500 slipped around 1% and the Nasdaq dropped 1.4%. Chipmakers and AI-related stocks led the declines as traders questioned high valuations and considered the risk of further Federal Reserve rate hikes. Futures data showed the Nasdaq 100 fell nearly 3% premarket, with SpaceX losing over $600 billion in market value over three sessions. South Korea’s KOSPI index dropped 9.99% after sharp declines in Samsung Electronics and SK Hynix, and European chipmakers also saw losses. The VanEck Semiconductor ETF received $6.93 billion in net inflows on June 18, representing 8.78% of its assets and 32% of all U.S. tech sector fund inflows that day. Nvidia’s stock fell 0.97% on June 22, drawing attention amid broader tech weakness, while Intel rose 10.64% after President Trump announced Apple would work with Intel on U.S. chip design and manufacturing, though neither company confirmed details. The S&P 500, Nasdaq, and Dow all posted gains for the prior week, with semiconductor stocks rebounding on June 20. Investors are watching the upcoming PCE inflation report and Micron’s earnings as key catalysts. Congressional filings revealed significant holdings in major tech companies by political figures and their families.