Stock markets up due to strength in chip stocks and lower bond yields

From Nasdaq: 2025-06-26 12:10:00

Stock markets are up today, with the S&P 500, Dow Jones, and Nasdaq indexes all posting gains. Chip makers are driving the market higher after Micron Technology’s strong Q3 earnings report. Weekly jobless claims dropped, but Q1 GDP was revised lower. Bond yields fell on Fed rate cut speculation.

US economic news was mixed, with lower Q1 GDP and a wider trade deficit weighing on stocks. Bond yields fell on Fed rate cut speculation. Jobless claims dropped, but continuing claims rose. Markets are watching Israel-Iran ceasefire, new tariffs, and trade deals. Consumer sentiment index expected to be revised lower.

Overseas markets are mixed. Interest rates fell on Fed rate cut speculation. Managed healthcare stocks and chip stocks are up. Copper mining stocks are climbing. Stock movers include Micron, Marvel Technology, and McCormick & Co. Unity Software and Jeffries Financial Group are down. Earnings reports for 6/26 include Acuity Inc, NIKE, and Walgreens Boots Alliance.



Read more at Nasdaq: Stocks See Support on Strength in Chip Stocks and Lower Bond Yields