Nasdaq Falls 1.3%, SpaceX Drops 16% Below IPO Closing Price

06/22 20:45

On June 23, the three major U.S. stock indices closed mixed, with the Dow Jones up 0.29%, the Nasdaq down 1.32%, and the S&P 500 down 0.37%. SpaceX's stock plummeted 16%, resulting in a market value loss of $400 billion and falling below its IPO closing price. Google fell 5% following the departure of its AI head, Jumper. Amazon dropped 4.8%, marking its largest single-day decline since early February. Chip stocks had mixed results, with Micron Technology rising over 6%, Intel up over 5%, SanDisk up over 4%, Applied Materials and NXP up over 2%, while ARM fell over 7%, Broadcom down over 4%, and Qualcomm and Western Digital down over 1%.

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