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Stock Market 24 February 2026
On June 18, 2026, U.S. stock markets closed higher, with the S&P 500 up 1.07%, the Nasdaq climbing 1.48%, and the Dow gaining 0.35%. Growth stocks led the advance, while chip stocks rallied following President Donald Trump’s announcement that Apple and Intel will collaborate on U.S. chip design and manufacturing, though no commercial details were shared. Intel surged about 10.6% to near a record $134. Marvell Technology jumped 7.27% to $310.58 after reports 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. The iShares Semiconductor ETF rose 7.4%, and Entegris gained 13.6%. Nvidia finished up 2.8% near $210, with a market value of about $5.1 trillion. Qnity Electronics climbed 7.2% to $168.07. Wolfspeed soared 17.91% to $57.41 and filed to register up to 24.07 million shares for resale by selling stockholders, with no proceeds going to the company. Bloom Energy rose 15.4% to a new closing high of $328.91 amid interest in AI power-infrastructure stocks, while FuelCell Energy rallied 20% to $24.04 on optimism about securing data-center power contracts. Flex rose nearly 3% to $147.61 and will join the S&P 500. SoFi gained 2.8% to $17.91, with CEO Anthony Noto purchasing shares. American Airlines rose 3.7% as oil prices fell, while Transocean dropped 5.9% and Lockheed Martin fell 4.1%. SpaceX ended at $185, down 3.5% but still 37% above its IPO price. Take-Two gained 4.93% after Rockstar set a date for Grand Theft Auto VI preorders. U.S. markets will be closed Friday for the Juneteenth holiday.