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S&P 500, Nasdaq Close Lower on Wednesday, Recover After-Hours Following Micron's 11% Surge on Strong Q3 Earnings

2026-06-24 22:50:07

US500-0.08%

US30-0.14%

According to market data, the S&P 500 and Nasdaq 100 closed 0.1% and 0.4% lower on Wednesday respectively, while the Dow Jones rose 0.4%. The declines marked the third consecutive session of weakness amid investor concerns about the longevity of the AI boom.

Micron Technologies shares soared 11% after-hours following Q3 results that exceeded expectations by a wide margin, with the company providing a strong outlook for the upcoming quarter amid surging memory chip demand. The strong results pushed the Nasdaq 100 ETF up 1.5% in after-hours trading. Additionally, Alphabet is set to replace Verizon in the Dow Jones Industrial Average.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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