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Nasdaq futures dropped 1.1% on June 26, 2026, as a global technology sell-off resumed amid concerns over high valuations, production cuts, and rising volatility. S&P 500 futures also slid, pointing to a weak open for US markets with tech-heavy portfolios facing the sharpest pressure.
U.S. stocks closed mixed, with the Nasdaq posting a partial recovery while the Dow dipped lower. Apple fell after news about its AI plans unsettled investors, weighing on broader market sentiment.
The Nasdaq dropped 4% on Wednesday as rising bets on Federal Reserve rate hikes hit AI and technology stocks hard. The S&P 500 and Dow Jones also fell, reflecting broad investor concern that borrowing costs could stay higher for longer.
The S&P 500 and Nasdaq closed higher Thursday, booking their biggest monthly gains in years as strong corporate earnings offset oil and geopolitical concerns. Alphabet reported a record quarter for its cloud unit, boosting tech sentiment. Industrials and technology sectors led the broad-based rally.
Sun Pharmaceutical Industries has agreed to acquire U.S.-based Organon & Co in an all-cash deal worth $11.75 billion. The deal would be one of the largest overseas acquisitions by an Indian pharma company and expands Sun Pharma's presence in women's health, biosimilars, and branded medicines.
The S&P 500 has climbed to new all-time highs, marking a fresh peak for the broad U.S. equity benchmark. The move signals positive market sentiment and may influence allocation decisions across institutional and retail portfolios.
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Nasdaq futures dropped 1.1% on June 26, 2026, as a global technology sell-off resumed amid concerns over high valuations, production cuts, and rising volatility. S&P 500 futures also slid, pointing to a weak open for US markets with tech-heavy portfolios facing the sharpest pressure.
4d ago · 3 min · Markets
U.S. stocks closed mixed, with the Nasdaq posting a partial recovery while the Dow dipped lower. Apple fell after news about its AI plans unsettled investors, weighing on broader market sentiment.
19d ago · 2 min · Markets
The Nasdaq dropped 4% on Wednesday as rising bets on Federal Reserve rate hikes hit AI and technology stocks hard. The S&P 500 and Dow Jones also fell, reflecting broad investor concern that borrowing costs could stay higher for longer.
22d ago · 3 min · Markets
The S&P 500 and Nasdaq closed higher Thursday, booking their biggest monthly gains in years as strong corporate earnings offset oil and geopolitical concerns. Alphabet reported a record quarter for its cloud unit, boosting tech sentiment. Industrials and technology sectors led the broad-based rally.
2mo ago · 1 min · Markets
Sun Pharmaceutical Industries has agreed to acquire U.S.-based Organon & Co in an all-cash deal worth $11.75 billion. The deal would be one of the largest overseas acquisitions by an Indian pharma company and expands Sun Pharma's presence in women's health, biosimilars, and branded medicines.
2mo ago · 1 min · Business
The S&P 500 has climbed to new all-time highs, marking a fresh peak for the broad U.S. equity benchmark. The move signals positive market sentiment and may influence allocation decisions across institutional and retail portfolios.
2mo ago · 1 min · Markets
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