Nasdaq closes down more than 2% as global tech sell-off deepens
Yahoo Finance ·
Nasdaq closes down more than 2% as global tech sell-off deepens Victoria Craw and Miriam Waldvogel, (c) 2026 , The Washington Post Tue, June 23, 2026 at 5:48 PM CDT 2 min read ^IXIC SNDK MU ^KS11 005930.KS Global stocks extended losses on Tuesday in a sell-off driven by chipmakers and other tech companies that have recently benefited from market enthusiasm for the prospects of artificial intelligence. The tech-heavy Nasdaq composite index was down 2.21 percent at the market's close. Among the main drivers were Sandisk and Micron Technology, which specialize in memory and storage. Both were down more than 13 percent at closing. Intel closed down more than 6 percent and Nvidia closed down more than 4 percent. The cooling sentiment follows signals of higher interest rates and concern over the level of spending on AI investment, which has driven markets to record highs. Tuesday was an even rougher day for markets and tech stocks in Asia. South Korea's KOSPI index fell nearly 10 percent, with Samsung Electronics and semiconductor maker SK Hynix each losing more than 12 percent of their value. The sell-off triggered a trading halt Tuesday afternoon, according to South Korean news agency Yonhap. Japan's Nikkei index closed nearly 4 percent down, while Hong Kong's Hang Seng Index lost nearly 2 percent. Markets in Europe also lost ground Tuesday, including Britain's FTSE 250, Germany's DAX and France's CAC 40. In the United States, shares of SpaceX, after falling 16 percent on Monday, briefly dropped below their debut price of $150 on Tuesday before closing up 1 percent. Amazon and Microsoft also both ended the market day in a positive direction. (Amazon Executive Chairman Jeff Bezos owns The Washington Post.) Oracle, which reported in a Monday regulatory filing that it had cut about 13 percent of its workforce in the past year, was down 1 percent at Tuesday's closing and has dropped more than 10 percent since the start of 2026. Alphabet slid another .77 percent Tuesday, after closing down 5 percent Monday, its worst trading day since last year.
AI 시장 분석
US Nasdaq fell 2.21%, widening a global selloff in technology stocks. Sandisk(SNDK) and Micron Technology(MU) plunged more than 13%, and Intel and Nvidia(NVDA) also dropped sharply. South Korea's KOSPI fell nearly 10% amid steep declines in Samsung Electronics(005930.KS) and SK Hynix, triggering trading halts, and Asian and European markets also weakened. Against a backdrop of signals of rising interest rates and concerns about the sustainability of AI investment, revaluation pressure on high-valuation growth stocks is in effect, so short-term adjustments are expected in semiconductor- and AI-focused sectors.
상승 영향
- Financials (Banks) — Expectations of rising interest rates can improve banks' net interest margins, boosting profitability and increasing the potential for stock rebounds.
- Dollar and cash equivalents — Deepening global risk aversion and signals of rising rates increase demand for safe assets and cash, favoring the dollar and cash equivalents.
하락 영향
- Semiconductors — Large declines in Intel, Samsung Electronics(005930.KS), and SK Hynix have triggered selling across the sector due to concerns about demand weakness and valuation re-rating pressure.
- Memory/Storage — Sandisk(SNDK) and Micron Technology(MU) plunging more than 13% amplifies concerns about memory inventory and demand cycles, reducing earnings visibility for related companies.
- AI and high-growth technology stocks — Worries about valuation compression for AI beneficiaries like NVDA and doubts about the sustainability of AI investment act as downside risks across growth stocks.
- Newly listed tech and space companies — The sell-off and volatility following SpaceX's listing have worsened investor sentiment toward highly valued IPOs and the space/new-technology sector.
- Bonds/Fixed income — Signals of rising interest rates cause bond prices to fall and yields to rise, increasing loss risk for existing bond holders.
AI가 생성한 분석으로 투자 자문이 아닙니다.
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