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Stock Market Today: Nasdaq, S&P 500 Inch Up After Two-Day Tech Slide, Dow Flat

US stock market indexes edge up after a two-day tech slide

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📍 How it ended

The S&P 500 and Nasdaq closed lower due to angst regarding Micron results, though the Dow logged a gain. Later, futures for the Dow, S&P 500, and Nasdaq rose as Micron and Qualcomm eased AI jitters.

This contributed to a $400 billion AI chip stock rally.

Epilogue added 35d ago, after coverage quieted.

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3210Jun 27 16:49Jun 29 08:25 UTC

What happened

The US stock market is experiencing a cautious rebound. Coverage from CNBC, Yahoo Finance, Reuters, and MarketWatch notes that S&P 500 and Nasdaq futures are rising.

Micron's earnings report and forecasts from Micron and Qualcomm are cited as factors easing AI-related jitters. The market is awaiting a key inflation reading.

What's next for the market is uncertain. The Dow Jones Industrial Average is flat, while the S&P 500 and Nasdaq are inching up.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: unsupported claims removed (75% supported) Updated 47d ago.

Coverage (5)

Questions people are asking

What happened to US stock market indexes?

They edged up after a two-day tech slide

What factors are influencing the market?

Micron's earnings report and forecasts from Micron and Qualcomm

What is the market awaiting?

A key inflation reading

People, places & organizations

Topics

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