Go To:
Premier Members can get their watchlist or portfolio delivered via email up to 5 times a day. Learn More >>
Stocks Mostly Lower on Weakness in Megacap Tech and Software Stocks
Barchart - Mon Jun 22, 3:36PM CDT
The S&P 500 Index ($SPX) (SPY) on Monday closed down -0.37%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.19%. September E-mini S&P futures (ESU26) fell -0.34%, and September E-mini Nasdaq futures (NQU26) fell -0.19%.Â
Stock indexes gave up an early advance on Monday and settled mixed. Alphabet fell more than -5% to lead megacap technology stocks lower after announcing that Google DeepMind Vice President Jumper is leaving the company to join Anthropic PBC. Also, the weakness in software companies on Monday weighed on the broader market.
Stocks initially moved higher on Monday, with the Nasdaq 100 posting a 2.5-week high amid strength in chipmakers and AI-infrastructure stocks. Stock index futures had weakened in overnight trade as crude oil prices jumped more than +2% when Iran threatened to suspend talks and close the Strait of Hormuz following Israeli attacks against Hezbollah in Lebanon. Mea... Read more
Most Recent Stories
More News Asian shares are trading mixed amid caution about the war in Iran AP - 1 hour ago
Asian shares are mixed in subdued trading as recent enthusiasm cools and markets face uncertainty about efforts to end the war in Iran
US stocks drift after oil prices ease and Big Tech stocks fall AP - Mon Jun 22, 3:47PM CDT
U.S. stocks drifted through a mixed day of trading after oil prices eased and falling Big Tech stocks weighed on Wall Street
Stocks Mostly Lower on Weakness in Megacap Tech and Software Stocks Barchart - Mon Jun 22, 3:36PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.37%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.19%. September...
Former Federal Reserve Chairman Alan Greenspan dies at 100 AP - Mon Jun 22, 2:42PM CDT
Former U.S. Federal Reserve Chair Alan Greenspan has died at the age of 100
Starmer says he'll resign as UK prime minister, roiling British politics yet again AP - Mon Jun 22, 10:50AM CDT
British Prime Minister Keir Starmer has announced his resignation, forced out by his party after losing voter support
Stocks Erase Early Gains as Alphabet and Software Companies Fall Barchart - Mon Jun 22, 10:23AM CDT
The S&P 500 Index ($SPX ) (SPY ) today is down -0.40%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.30%. September E-mini S&P futures...
/Microsoft%20sign%20at%20the%20headquarters%20by%20VDB%20Photos%20via%20Shutterstock.jpg)
