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Stock Market 24 February 2026
On June 18, 2026, U.S. stock markets saw broad gains, with the S&P 500 up 1.07%, the Nasdaq climbing 1.48%, and the Dow rising 0.35%. Growth stocks led the way, while the Dow lagged. Chip stocks rallied after President Donald Trump announced Apple and Intel will collaborate on U.S. chip design and manufacturing, though no commercial details were provided. Intel shares surged about 10.6% to near a record $134, and Nvidia rose 2.8% to around $210, reaching a $5.1 trillion market value. Marvell Technology jumped 7.27% following news that Amazon Web Services is in early talks to sell its Trainium AI chips to other firms, and KeyBanc raised its price target for Marvell. Qnity Electronics and Entegris also posted strong gains as the iShares Semiconductor ETF rose 7.4%. TSMC’s U.S. ADR climbed 6.3%, helping boost chip stocks further. Take-Two closed up 4.93% after Rockstar announced Grand Theft Auto VI preorders will open June 25, with investors watching for confirmation of the November launch date. FuelCell Energy soared 20% on optimism about securing firm contracts for its data-center power pipeline. In contrast, SpaceX fell 3.5% but remains well above its IPO price, while Lockheed Martin dropped 4.1% amid sector weakness tied to optimism around a U.S.-Iran interim deal and lower oil prices. AT&T slipped nearly 2% as it flagged a new fiber report and confirmed a planned CFO succession. Markets will be closed Friday for Juneteenth.