US Stocks Rise on Tech Rally, Close Q2 on Strong Note

2026-06-30 20:17 By Isabela Couto 1 min. read

US stock indexes closed higher on Tuesday, supported by strength in the technology sector and easing inflation risks.

The S&P 500 gained 0.8%, while the Nasdaq 100 rose 1.7%, and the Dow Jones added 136 points to close at a record high of 52,319.

Chipmakers extended their rebound as investors looked past recent concerns over stretched AI-related valuations, encouraged by strong guidance from semiconductor producers despite elevated hyperscaler spending.

Nvidia gained 2.6%, AMD rose 7.7%, and Intel advanced 6%.

Meanwhile, oil prices remained near pre-conflict levels, easing concerns that the Federal Reserve could be forced into a hiking cycle.

The softer inflation backdrop also supported traditional sectors, helping the Dow outperform broader benchmarks in June.

Considering Q2, the S&P rose more than 14% and the Nasdaq surged about 20%, their strongest quarterly performances since Q2 2020.

The Dow gained more than 12%, its best quarterly performance since Q4 2022.



News Stream
The Dow Jones Index Closes 0.02% Lower
The Dow Jones Index dropped 9 points or 0.02 percent on Friday to close at 53560 points. Losses were led by Nvidia (-4.45%), 3M (-2.56%) and Honeywell International (-2.19%). Offsetting the fall, top gainers were Amazon (4.02%), Salesforce (3.06%) and Nike (3.02%).
2026-08-28
US Stocks Fall on Rising Fed Hike Bets
The US stock indices closed lower on Friday as chipmakers shares trimmed the previous session’s gains and a more hawkish tone from Fed Chair Warsh strengthened expectations for a rate hike next month. The S&P 500 shed 0.2%, the Nasdaq fell 0.7% and the Dow inched lower. Marvell fell 10.3% despite beating earnings estimates and raising its outlook. Chipmakers pulled back after rallying on Nvidia’s (-4.6%) strong results earlier in the week, with Broadcom down 0.7%, and AMD falling 2.3%. Hyperscalers held gains, with Alphabet up 1.5%, Microsoft adding 1.7%, Amazon jumping 4%, and Meta rising 1.2%. Meanwhile, Warsh said underlying inflation was not slowing and pledged to keep fighting price growth until it converges with the Fed’s 2% target during his speech at Jackson Hole Symposium, prompting traders to increase bets on a rate hike next month. Industrial and pharmaceutical stocks declined, with AbbVie losing 1% and Lam Research falling 5.2%.
2026-08-28
US Stocks Pare Gains After Warsh Speech
US stocks turned lower on Friday as tech shares trimmed yesterday's rally and Fed Chair Warsh's warning of high inflation strengthened bets for a rate hike. Marvell sank nearly 8%, giving back some of its rally on the month despite beating earnings estimates and raising its outlook. Chip producers and companies in AI infrastructure loosely maintained weekly gains after Nvidia noted that compute demand continues to surge through the next quarters. Meanwhile, Fed Chairman Warsh stated that underlying inflation is not slowing and vowed to fight price growth until it converges to the 2% target in his speech at the Jackson Hole Economic Symposium. The Chairman also signaled that the labor market is consistent with full employment, driving traders to consider a rate hike by the central bank next month. Industrial stocks and pharmaceuticals pulled back, with Merck and GE Vernova down over 1.5% each.
2026-08-28