#USMarketUpdate
Stock market today: S&P 500, Nasdaq slide as Big Tech, SpaceX hammered
Live updates
US stocks closed mixed on Monday, with Big Tech taking a notable hit, as investors assessed signs of progress in US-Iran peace talks and shares of Elon Musk's SpaceX (SPCX) fell for the third day in a row.
The Dow Jones Industrial Average (^DJI) gained more than 0.2%, while the S&P 500 (^GSPC) fell nearly 0.4% after Friday's holiday stock market closure. The tech-heavy Nasdaq Composite (^IXIC) dropped by 1.3% as Alphabet (GOOG, GOOGL) swung 5% lower.
Other Big Tech players also saw sharp declines, including Amazon (AMZN), Meta (META), and Nvidia (NVDA). But in the memory trade, Micron (MU) surged to new highs ahead of the chipmaker's quarterly results due on Wednesday...
Looking ahead, investors are gearing up for the May reading of the Personal Consumption Expenditures price index, the Fed's preferred inflation gauge. The data comes as investors debate the chances that interest rates will remain higher for longer, after the Fed struck a more hawkish tone at its latest meeting...
https://finance.yahoo.com/markets/stocks/live/stock-market-today-dow-rises-sp-500-and-nasdaq-fall-as-spacex-stock-declines-and-us-iran-peace-talks-remain-in-focus-225817825.html
Stock market today: S&P 500, Nasdaq slide as Big Tech, SpaceX hammered
Live updates
US stocks closed mixed on Monday, with Big Tech taking a notable hit, as investors assessed signs of progress in US-Iran peace talks and shares of Elon Musk's SpaceX (SPCX) fell for the third day in a row.
The Dow Jones Industrial Average (^DJI) gained more than 0.2%, while the S&P 500 (^GSPC) fell nearly 0.4% after Friday's holiday stock market closure. The tech-heavy Nasdaq Composite (^IXIC) dropped by 1.3% as Alphabet (GOOG, GOOGL) swung 5% lower.
Other Big Tech players also saw sharp declines, including Amazon (AMZN), Meta (META), and Nvidia (NVDA). But in the memory trade, Micron (MU) surged to new highs ahead of the chipmaker's quarterly results due on Wednesday...
Looking ahead, investors are gearing up for the May reading of the Personal Consumption Expenditures price index, the Fed's preferred inflation gauge. The data comes as investors debate the chances that interest rates will remain higher for longer, after the Fed struck a more hawkish tone at its latest meeting...
https://finance.yahoo.com/markets/stocks/live/stock-market-today-dow-rises-sp-500-and-nasdaq-fall-as-spacex-stock-declines-and-us-iran-peace-talks-remain-in-focus-225817825.html
Yahoo Finance
Stock market today: Dow rises, S&P 500 and Nasdaq fall as SpaceX stock declines and US-Iran peace talks remain in focus
US stocks traded mixed on Monday as investors assessed signs of progress in US-Iran peace talks, while shares of Elon Musk’s SpaceX (SPCX) fell for the third day in a row.
#USMarketUpdate
S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran | Reuters
SUMMARY
Indexes: Dow up, 0.29%, S&P 500 down 0.37%, Nasdaq down 1.32%
SpaceX drops 16.4%, Alphabet falls 5%
PCE data, Micron quarterly results on deck this week
June 22 (Reuters) - The S&P 500 and the Nasdaq closed down on Monday, dragged by declines in the megacap technology stocks including Alphabet, while investors assessed developments in U.S.-Iran negotiations.
The Dow closed higher, boosted by the healthcare and industrial sectors.
SpaceX (SPCX.O), opens new tab tumbled 16.4%, its biggest single-day drop, and weighed heavily on the Nasdaq Composite. It is still trading above its IPO price of $135 per share. The Elon Musk-led company launched its first-ever debt offering on Monday and said it had about $100.8 billion in cash and cash equivalents as of June 19.
Optimism about artificial intelligence has supported Wall Street's recent rally, but analysts noted that more investors have been questioning lofty spending on infrastructure expansion by hyperscalers.
Alphabet (GOOGL.O), opens new tab fell 5% while Meta (META.O), opens new tab, Amazon (AMZN.O), opens new tab and Microsoft (MSFT.O), opens new tab fell between 2.3% and 4.7%...
The next test for the rally will be Micron Technology's (MU.O), opens new tab quarterly results on Wednesday. Shares of the memory chipmaker are up nearly 300% this year.
Seven of the 11 major S&P sectors closed higher, led by real estate and energy stocks. Communication Services (.SPLRCL), opens new tab was a laggard, falling 3.8%...
This view on the Fed has lifted U.S. Treasury yields and pressured stock prices lower, he said.
A focus this week will be on Thursday's Personal Consumption Expenditures (PCE) data, the Fed's preferred gauge of core inflation. A stronger-than-expected reading could reinforce expectations of a hawkish Federal Reserve, after Warsh underscored the need to curb inflation at last week's meeting.
Markets currently expect a 25-basis-point rate hike from the Fed in September, according to LSEG data.
Declining issues outnumbered advancers by a 1.32-to-1 ratio on the NYSE. There were 345 new highs and 200 new lows on the NYSE. On the Nasdaq, 2,078 stocks rose and 2,773 fell as declining issues outnumbered advancers by a 1.33-to-1 ratio.
The S&P 500 posted 29 new 52-week highs and 33 new lows while the Nasdaq Composite recorded 144 new highs and 186 new lows.
Volume on U.S. exchanges was 22.97 billion shares, compared with the 22.12 billion average for the full session over the last 20 trading days
https://www.reuters.com/business/wall-st-futures-muted-investors-monitor-us-iran-negotiations-2026-06-22/
S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
https://www.straitstimes.com/business/companies-markets/sp-500-nasdaq-close-lower-dragged-by-alphabet-and-megacap-tech-focus-on-iran
S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran | Reuters
SUMMARY
Indexes: Dow up, 0.29%, S&P 500 down 0.37%, Nasdaq down 1.32%
SpaceX drops 16.4%, Alphabet falls 5%
PCE data, Micron quarterly results on deck this week
June 22 (Reuters) - The S&P 500 and the Nasdaq closed down on Monday, dragged by declines in the megacap technology stocks including Alphabet, while investors assessed developments in U.S.-Iran negotiations.
The Dow closed higher, boosted by the healthcare and industrial sectors.
SpaceX (SPCX.O), opens new tab tumbled 16.4%, its biggest single-day drop, and weighed heavily on the Nasdaq Composite. It is still trading above its IPO price of $135 per share. The Elon Musk-led company launched its first-ever debt offering on Monday and said it had about $100.8 billion in cash and cash equivalents as of June 19.
Optimism about artificial intelligence has supported Wall Street's recent rally, but analysts noted that more investors have been questioning lofty spending on infrastructure expansion by hyperscalers.
Alphabet (GOOGL.O), opens new tab fell 5% while Meta (META.O), opens new tab, Amazon (AMZN.O), opens new tab and Microsoft (MSFT.O), opens new tab fell between 2.3% and 4.7%...
The next test for the rally will be Micron Technology's (MU.O), opens new tab quarterly results on Wednesday. Shares of the memory chipmaker are up nearly 300% this year.
Seven of the 11 major S&P sectors closed higher, led by real estate and energy stocks. Communication Services (.SPLRCL), opens new tab was a laggard, falling 3.8%...
This view on the Fed has lifted U.S. Treasury yields and pressured stock prices lower, he said.
A focus this week will be on Thursday's Personal Consumption Expenditures (PCE) data, the Fed's preferred gauge of core inflation. A stronger-than-expected reading could reinforce expectations of a hawkish Federal Reserve, after Warsh underscored the need to curb inflation at last week's meeting.
Markets currently expect a 25-basis-point rate hike from the Fed in September, according to LSEG data.
Declining issues outnumbered advancers by a 1.32-to-1 ratio on the NYSE. There were 345 new highs and 200 new lows on the NYSE. On the Nasdaq, 2,078 stocks rose and 2,773 fell as declining issues outnumbered advancers by a 1.33-to-1 ratio.
The S&P 500 posted 29 new 52-week highs and 33 new lows while the Nasdaq Composite recorded 144 new highs and 186 new lows.
Volume on U.S. exchanges was 22.97 billion shares, compared with the 22.12 billion average for the full session over the last 20 trading days
https://www.reuters.com/business/wall-st-futures-muted-investors-monitor-us-iran-negotiations-2026-06-22/
S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
https://www.straitstimes.com/business/companies-markets/sp-500-nasdaq-close-lower-dragged-by-alphabet-and-megacap-tech-focus-on-iran
While You Were Sleeping: 5 stories you might have missed, June 23, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-june-23-2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-june-23-2026
The Straits Times
While You Were Sleeping: 5 stories you might have missed, June 23, 2026
While You Were Sleeping: 5 stories you might have missed, June 23, 2026 Read more at straitstimes.com. Read more at straitstimes.com.
SpaceX's 3-day slide wipes out most IPO gains
https://finance.yahoo.com/markets/stocks/article/spacex-stock-tumbles-164-shaving-off-most-ipo-gains-since-debut-141725657.html
https://finance.yahoo.com/markets/stocks/article/spacex-stock-tumbles-164-shaving-off-most-ipo-gains-since-debut-141725657.html
Yahoo Finance
SpaceX stock tumbles 16.4%, shaving off most IPO gains since debut
SpaceX stock fell again on Monday, giving it three straight down days after a massive run-up following its IPO earlier this month. SpaceX also confirmed its first-ever bond issuance in a filing.
Amazon Prime Day to spark online spending frenzy
https://finance.yahoo.com/markets/article/amazon-prime-day-to-spark-online-spending-frenzy-as-walmart-target-lean-into-deal-days-193421518.html
https://finance.yahoo.com/markets/article/amazon-prime-day-to-spark-online-spending-frenzy-as-walmart-target-lean-into-deal-days-193421518.html
Yahoo Finance
Amazon Prime Day to spark online spending frenzy as Walmart, Target lean into deal days
Amazon Prime Days kick off on Tuesday. Walmart, Target, and Best Buy are competing for a piece of the pie.
Broadcom's AI Revenue Is on Pace to Triple to $16 Billion in a Single Quarter, but the Stock Just Dipped 17%. Is This an Opportunity to Buy the Dip?
https://finance.yahoo.com/technology/ai/articles/broadcoms-ai-revenue-pace-triple-212000049.html
https://finance.yahoo.com/technology/ai/articles/broadcoms-ai-revenue-pace-triple-212000049.html
Yahoo Finance
Broadcom's AI Revenue Is on Pace to Triple to $16 Billion in a Single Quarter, but the Stock Just Dipped 17%. Is This an Opportunity…
Accelerating AI chip demand may give this top chip stock a second wind.
The Fed is fed up with inflation and will bring down the hammer with a series of rate hikes this year, reversing earlier cuts, BofA says
https://finance.yahoo.com/economy/policy/articles/fed-fed-inflation-bring-down-161656168.html
https://finance.yahoo.com/economy/policy/articles/fed-fed-inflation-bring-down-161656168.html
Yahoo Finance
The Fed is fed up with inflation and will bring down the hammer with a series of rate hikes this year, reversing earlier cuts,…
“The Fed was willing to look through the tariffs, but it is losing patience after the latest round of supply shocks.”
Stock Market Today, June 22: Super Micro Computer Jumps After Introducing New Platform Accelerating AI Server Backlog Growth
Super Micro Computer (NASDAQ:SMCI), an AI-optimized server and storage systems provider, surged 15.66% to $35.46.
Investors are watching AI server backlog growth and margin improvement with the introduction of new Nvidia (NASDAQ:NVDA) equipment-based systems.
Trading volume reached 121.5 million shares, coming in about 142% above its three-month average of 50.1 million shares. Super Micro Computer IPO'd in 2007 and has grown 3,948% since going public.
https://finance.yahoo.com/markets/stocks/articles/stock-market-today-june-22-213059753.html
Super Micro Computer (NASDAQ:SMCI), an AI-optimized server and storage systems provider, surged 15.66% to $35.46.
Investors are watching AI server backlog growth and margin improvement with the introduction of new Nvidia (NASDAQ:NVDA) equipment-based systems.
Trading volume reached 121.5 million shares, coming in about 142% above its three-month average of 50.1 million shares. Super Micro Computer IPO'd in 2007 and has grown 3,948% since going public.
https://finance.yahoo.com/markets/stocks/articles/stock-market-today-june-22-213059753.html
Yahoo Finance
Stock Market Today, June 22: Super Micro Computer Jumps After Introducing New Platform Accelerating AI Server Backlog Growth
Today, June 22, 2026, Super Micro Computer shares soared as investors responded to AI optimism.
🐳 WhalePool Traders Journal
US.Day.Ahead-2026.06.22-Mon.pdf
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#AndreiJikh
In this video, Andrei Jikh discusses a complex economic and geopolitical theory, suggesting that the United States is moving away from a "forever war" model toward a stability-focused approach favored by the technological-industrial complex for AI expansion. He argues this shift is deeply connected to oil, the Federal Reserve, and a potential master plan to lower the value of the dollar.
Key takeaways from the video:
The Federal Reserve's Strategy: The Fed, led by Kevin Worsh, is shifting its communication strategy. By dropping "forward guidance" and launching new task forces to measure economic data, Jikh suggests they are building a machine to control the narrative around inflation (3:33 - 4:45).
Controlling the Data: The Fed is looking to move away from traditional, lagging economic indicators toward "real-time" data. Jikh argues this allows the Fed to curate a story of controlled inflation, ultimately providing the justification needed to print money through quantitative easing (9:41 - 13:04).
Laundering Money Printing: Jikh explains how the Fed plans to deregulate banks by restoring the treasury exemption from the Supplemental Leverage Ratio (SLR). This would allow commercial banks to absorb bonds the Fed sells, effectively acting as a mechanism to print money without it appearing directly on the Fed's balance sheet (13:22 - 16:11).
The Oil Factor: A critical element of this plan depends on the price of oil. Jikh highlights the importance of a potential deal with Iran to stabilize oil supplies and lower inflation, noting that Trump's recent actions reflect this need to ensure oil flows to avoid an economic crisis (20:10 - 22:35).
Market Outlook: Jikh warns that historical data shows the stock market often faces significant negative performance in the first three months under a new Fed chair, particularly when there is a major policy shift (22:43 - 23:36).
https://youtu.be/nHy5u06we_s?is=tF49Ps9efexlAUKd
In this video, Andrei Jikh discusses a complex economic and geopolitical theory, suggesting that the United States is moving away from a "forever war" model toward a stability-focused approach favored by the technological-industrial complex for AI expansion. He argues this shift is deeply connected to oil, the Federal Reserve, and a potential master plan to lower the value of the dollar.
Key takeaways from the video:
The Federal Reserve's Strategy: The Fed, led by Kevin Worsh, is shifting its communication strategy. By dropping "forward guidance" and launching new task forces to measure economic data, Jikh suggests they are building a machine to control the narrative around inflation (3:33 - 4:45).
Controlling the Data: The Fed is looking to move away from traditional, lagging economic indicators toward "real-time" data. Jikh argues this allows the Fed to curate a story of controlled inflation, ultimately providing the justification needed to print money through quantitative easing (9:41 - 13:04).
Laundering Money Printing: Jikh explains how the Fed plans to deregulate banks by restoring the treasury exemption from the Supplemental Leverage Ratio (SLR). This would allow commercial banks to absorb bonds the Fed sells, effectively acting as a mechanism to print money without it appearing directly on the Fed's balance sheet (13:22 - 16:11).
The Oil Factor: A critical element of this plan depends on the price of oil. Jikh highlights the importance of a potential deal with Iran to stabilize oil supplies and lower inflation, noting that Trump's recent actions reflect this need to ensure oil flows to avoid an economic crisis (20:10 - 22:35).
Market Outlook: Jikh warns that historical data shows the stock market often faces significant negative performance in the first three months under a new Fed chair, particularly when there is a major policy shift (22:43 - 23:36).
https://youtu.be/nHy5u06we_s?is=tF49Ps9efexlAUKd
YouTube
Your Money Is About To Be Worth A Lot Less
Your Money Is About To Be Worth A Lot Less
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#HKMarketUpdate
Mainland China, Hong Kong shares slip as Fed hike bets, regional weakness weigh
Jun 23, 2026, 12:27 GMT+8
https://www.tradingview.com/news/reuters.com,2026:newsml_L1N42V03B:0-mainland-china-hong-kong-shares-slip-as-fed-hike-bets-regional-weakness-weigh/
Mainland China, Hong Kong shares slip as Fed hike bets, regional weakness weigh
Jun 23, 2026, 12:27 GMT+8
https://www.tradingview.com/news/reuters.com,2026:newsml_L1N42V03B:0-mainland-china-hong-kong-shares-slip-as-fed-hike-bets-regional-weakness-weigh/
TradingView
Mainland China, Hong Kong shares slip as Fed hike bets, regional weakness weigh
Mainland China and Hong Kong shares slipped on Tuesday, tracking weakness in regional peers amid rising bets of a Federal Reserve interest rate hike, while investors also monitored developments around the U.S.-Iran peace talks.** At the midday break, the…
Source: The Straits Times
https://share.google/tuucNJXVJILwE9XFR
https://share.google/tuucNJXVJILwE9XFR
The Straits Times
Singapore family turns five-room flat into seven-room home with space for all four kids
Discover how a Singapore family transformed their five-room HDB flat into a functional seven-room home, maximising space for their four sons. Read more at straitstimes.com. Read more at straitstimes.com.
10 kebab places in Singapore that will satisfy your Mediterranean cravings - Yahoo Life Singapore
https://sg.style.yahoo.com/10-kebab-places-singapore-satisfy-060030060.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAFvSphI4LDbDP0RW96hLDKeymkq1IbKmn_txv6aVKDTdN1L0XOxDhdOwMI0ryxu9zcZfrnV4T--I_CFDvPH4xNe9EjR-J1jPwOS980ILT9Ogg3O_DcItbpi-cPZn1FTZ3uDCcaKr6DhHPosCO9ZAYR58djbmoMxhp6EdpVRDQnbX
https://sg.style.yahoo.com/10-kebab-places-singapore-satisfy-060030060.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAFvSphI4LDbDP0RW96hLDKeymkq1IbKmn_txv6aVKDTdN1L0XOxDhdOwMI0ryxu9zcZfrnV4T--I_CFDvPH4xNe9EjR-J1jPwOS980ILT9Ogg3O_DcItbpi-cPZn1FTZ3uDCcaKr6DhHPosCO9ZAYR58djbmoMxhp6EdpVRDQnbX
#HKMarketUpdate
<Full-day Takeaway>HSI Down 432 pts; HSTI Down 150 pts; XIAOMI Down over 4%; TENCENT Down over 4%; BABA Down over 3%; Market Turnover Rises
2026/06/23 16:12 GMT+08
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1530138/top-news/AAFN
<Full-day Takeaway>HSI Down 432 pts; HSTI Down 150 pts; XIAOMI Down over 4%; TENCENT Down over 4%; BABA Down over 3%; Market Turnover Rises
2026/06/23 16:12 GMT+08
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1530138/top-news/AAFN
#HKMarketUpdate
<H Shrs> HSI Falls 432 pts for 5th Straight Day; HSCEI Technically Enters Bear Market; BABA-W Loses "Red-Chip" Status
2026/06/23 16:28 GMT+08
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1530151/top-news/AAFN
<H Shrs> HSI Falls 432 pts for 5th Straight Day; HSCEI Technically Enters Bear Market; BABA-W Loses "Red-Chip" Status
2026/06/23 16:28 GMT+08
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1530151/top-news/AAFN
#HKMarketUpdate
Mainland China, Hong Kong shares fall on Fed hike bets, regional weakness
Jun 23, 2026, 16:44 GMT+8
https://www.tradingview.com/news/reuters.com,2026:newsml_L1N42V05V:0-mainland-china-hong-kong-shares-fall-on-fed-hike-bets-regional-weakness/
Mainland China, Hong Kong shares fall on Fed hike bets, regional weakness
Jun 23, 2026, 16:44 GMT+8
https://www.tradingview.com/news/reuters.com,2026:newsml_L1N42V05V:0-mainland-china-hong-kong-shares-fall-on-fed-hike-bets-regional-weakness/
TradingView
Mainland China, Hong Kong shares fall on Fed hike bets, regional weakness
Mainland China and Hong Kong shares closed lower on Tuesday, tracking weakness in regional peers as Federal Reserve interest rate-hike bets rose, while investors also monitored the Middle East for risks to a U.S.-Iran interim peace deal.** The benchmark Shanghai…
South Korea’s Kospi plunges nearly 10% after regulator cautions on leveraged ETFs
https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-koreas-kospi-plunges-nearly-10-after-regulator-cautions-leveraged-etfs
https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/south-koreas-kospi-plunges-nearly-10-after-regulator-cautions-leveraged-etfs
The Business Times
South Korea’s Kospi plunges nearly 10% after regulator cautions on leveraged ETFs
The Kospi has risen 94.67 per cent so far this year Read more at The Business Times.
40 drown in France as people seek relief from heatwave
https://www.businesstimes.com.sg/international/40-drown-france-people-seek-relief-heatwave
https://www.businesstimes.com.sg/international/40-drown-france-people-seek-relief-heatwave
Singapore stocks end flattish after tech sell-off drags Asia markets; STI up 0.03%
https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-stocks-end-flattish-after-tech-sell-drags-asia-markets-sti-0-03
https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/singapore-stocks-end-flattish-after-tech-sell-drags-asia-markets-sti-0-03
The Business Times
Singapore stocks end flattish after tech sell-off drags Asia markets; STI up 0.03%
Mapletree Pan Asia Commercial Trust leads the gainers on the blue-chip index Read more at The Business Times.