Mixed close for US stocks as ceasefire between Israel and Iran holds, with tech stocks rallying and NVIDIA hitting all-time high.

From Nasdaq: 2025-06-26 09:16:00

U.S. stocks ended mixed on Wednesday as the ceasefire between Israel and Iran held. The Dow closed down 0.3%, the S&P finished flat, and the Nasdaq was up 0.3%. Consumer staples and real estate stocks were the biggest losers, while tech stocks rallied, with NVIDIA hitting an all-time high.

The Dow Jones Industrial Average slid 106.59 points to close at 42,982.43 points. The S&P 500 closed little changed at 6,092.16 points, while the Nasdaq rose 61.02 points to end at 19,973.55 points. The fear-gauge VIX was down 4.12% to 16.76. Decliners outnumbered advancers on the NYSE and Nasdaq.

Geopolitical tensions in the Middle East eased, with the ceasefire holding. President Trump declared victory, but the extent of damage to Iran’s uranium enrichment sites was unclear. NVIDIA’s shares surged, making it the world’s most valuable company. The S&P 500 is on track to hit a record high, less than 1% below its intraday record.

New home sales fell 13.7% in May to a seven-month low, the biggest decline since June 2022. On a year-over-year basis, new home sales dropped 6.3%. Fed Chair Powell maintained a hawkish stance, monitoring the inflationary effects of tariffs. A research chief named a top stock pick with potential to double in value.



Read more at Nasdaq: Stock Market News for Jun 26, 2025