Nasdaq Takes a Hit Amid Big Tech Losses and Economic Data Release
Published on: June 26, 2026, 1:57 a.m. | Source: Devdiscourse
Nasdaq closed lower as technology shares dropped and economic data increased concerns over Federal Reserve actions. The S&P remained flat and the Dow rose slightly. Investors were spooked by AI spending concerns despite positive signals from Micron. Inflation increased, hinting at potential interest rate hikes.
