KLA stock drops after tech pullback hits chip equipment names; Fed minutes next

KLA stock drops after tech pullback hits chip equipment names; Fed minutes next

NEW YORK, December 29, 2025, 21:14 ET — Market closed

  • KLA Corp shares closed down 1.5% as U.S. tech stocks retreated in thin year-end trading. MarketWatch+1
  • The Philadelphia Semiconductor Index fell 0.41%, weighing on chip-related names. MarketWatch
  • Investors are watching Fed minutes and weekly jobless claims before the next session. Reuters

KLA Corp shares fell on Monday, snapping a six-session winning streak, as a pullback in heavyweight technology stocks spilled into chip-linked names. MarketWatch+1

The move matters now because chip equipment makers like KLA sit early in the semiconductor supply chain, and their shares often track shifts in investor appetite for the tech trade. Year-end positioning can exaggerate those swings when liquidity is thin. Reuters+1

Wall Street started the holiday-shortened week on a softer note after last week’s rally, with the Nasdaq down 0.5% and the S&P 500 off 0.35%, Reuters reported. Reuters

KLA (KLAC.O) ended down 1.5% at $1,260.39, according to market data. The stock traded between $1,256.52 and $1,286 during the session.

The Philadelphia Semiconductor Index (.SOX) fell 0.41%. Among related names, Applied Materials rose 0.44% while Lam Research slipped 1.24%, leaving KLA on the weaker side of the group. MarketWatch+2MarketWatch+2

KLA’s trading was quieter than usual, with about 625,000 shares changing hands versus a 50-day average near 993,000, MarketWatch data showed. MarketWatch

This isn’t the beginning of the end of the tech dominance,” said Hank Smith, director and head of investment strategy at Haverford Trust, framing Monday’s decline as the kind of pullback buyers have been willing to use in recent months. Reuters

KLA sells process-control tools used in semiconductor manufacturing, including inspection systems and metrology equipment — precise measurement systems that help chipmakers detect defects and manage “yield,” or how many usable chips come off a wafer. KLA Corporation

That places KLA among the stocks traders watch when markets debate whether spending tied to advanced chips and data centers is accelerating or cooling. Moves in AI-linked megacaps such as Nvidia have recently set the tone for the broader tech complex, Reuters reported. Reuters

Before the next session, attention turns to whether chip names stabilize as investors head into the final stretch of the year with light volumes. Reuters said minutes from the Federal Reserve’s last policy meeting and weekly jobless-claims data are among the few scheduled U.S. releases this week. Reuters

KLA’s investor relations calendar currently lists no upcoming events. Third-party earnings calendars from Nasdaq and Zacks point to Jan. 29 for KLA’s next quarterly report, though those dates are estimates and not a company announcement. KLA Corporation+2Nasdaq+2

On the chart, Monday’s $1,256 area low is the nearest support; a break would put the $1,250 round number in focus for short-term traders. Resistance sits near $1,286, roughly the day’s high.

Stock Market Today

  • Coca-Cola 2026 Outlook: Can Organic Growth Stay Resilient Amid Rising Competition
    December 29, 2025, 9:45 PM EST. Coca-Cola CO enters 2026 with durable organic growth momentum. In 3Q25, the company delivered growth at the high end of its long-term model, driven by steady volume gains, strong pricing/mix execution and disciplined cost control, while gaining value share for the 18th straight quarter. For 2026, management highlights levers such as moderating pricing intensity, rebalancing toward affordability and volume, and selective premiumization where demand supports it. Ongoing productivity initiatives-from supply chain efficiencies to marketing effectiveness-could underpin margin expansion as brands and innovation stay funded. Coca-Cola's diversified footprint supports growth, with Asia Pacific stability offset by gains in Latin America and Africa. The question remains whether streams from rivals PepsiCo and Keurig Dr Pepper can match this organic growth amid currency volatility and shifting consumer behavior.
Wells Fargo stock slips as year-end trade hits banks; yields and Fed minutes in focus
Previous Story

Wells Fargo stock slips as year-end trade hits banks; yields and Fed minutes in focus

MercadoLibre (MELI) stock price today: Shares edge higher into Fed minutes as year-end trading thins
Next Story

MercadoLibre (MELI) stock price today: Shares edge higher into Fed minutes as year-end trading thins

Go toTop