Stock Market Today, June 25: Micron Surges, Apple Falls, and Inflation Data Weighs on Stocks

Yahoo Finance · 2026-06-25

Extending industrial strength from the previous session, the Dow Jones Industrial Average ( ^DJI +0.14% ) rose 0.14% to 51,920.62. The S&P 500 ( ^GSPC 0.01% ) slipped 0.01% to 7,357.49, and the Nasdaq Composite ( ^IXIC 0.46% ) fell 0.46% to 25,358.60 as fresh inflation data weighed on broader sentiment. Gold prices rose 0.87% to $4,043.50 as of U.S. market close, and the 10-Year Treasury yield fell 0.01% to 4.39%. Industrials and healthcare led sectors, gaining 2.19% and 1.49% respectively, while communications slid 1.01%, and technology stocks fell 0.09%. Micron Technology shares surged 16% today, and memory stocks gained, as artificial intelligence (AI) chip demand shows no sign of slowing. Caterpillar increased 6%, taking it to a record high of $1,047.33 following a landmark power deal this week . Conversely, Apple tumbled over 6% after hiking MacBook and iPad prices. Palantir Technologies fell more than 5% to a 52-week low as inflation data pressured growth-oriented software names. The Personal Consumption Expenditures (PCE) index hit a three-year high of 4.1% in May, up from 3.8% in April. Although it was in line with expectations, it reinforces the strong likelihood that the Federal Reserve will increase rates later this year. Falling oil prices will ease some of the price pressure, but underlying inflation is still a concern and weighed on markets today. Today’s trading highlights the two sides of the AI coin: Memory chip demand meant leader Micron soared after blowout earnings and bullish guidance. The costs associated with that same demand caused Apple to raise its prices, sending its stock tumbling. All of the Magnificent Seven fell today.

AI 시장 분석

US stocks were mixed on June 25. Micron jumped 16% and memory stocks strengthened, while Apple fell more than 6% on MacBook and iPad price increases and Palantir hit a 52-week low. May PCE rose 4.1%, the highest in three years, raising the likelihood of further Fed rate hikes; gold rose to $4,043.50 and the 10-year yield eased slightly to 4.39%. Oil declined, easing some inflationary pressure, but core inflation concerns remain, weighing on growth and technology shares.

상승 영향

Semiconductors/Memory — Micron's 16% surge and concurrent gains in memory stocks signal sustained AI-driven demand that will spur capex expansion and price recovery, supporting earnings improvement for related companies.
Industrials/Construction Equipment — Caterpillar's large contract and sharp share rally signal a recovery in infrastructure demand, which should translate into improved orders and revenues for construction and heavy-equipment firms.
Gold (Precious Metals) — Rising gold reflects inflation and uncertainty driving safe-haven demand, increasing hedge demand and capital inflows into gold miners and gold funds.
Financials (Banks & Financials) — Higher PCE strengthens the case for Fed rate hikes, which supports expectations of wider net interest margins at banks and improves profitability prospects for financial stocks.

하락 영향

Large-cap Tech/Growth Stocks — Higher PCE and rate-hike concerns push up discount rates, increasing valuation pressure on growth names such as Palantir and the Magnificent Seven.
Consumer Electronics/PCs & Tablets — Apple's price increases risk weakening demand, weighing on MacBook and iPad sales and negatively affecting results for related supply-chain vendors.
Energy/Crude Oil — Falling oil pressures revenues and margins for energy companies, leading to weaker sector earnings and dampened investor sentiment.
Telecom/Media — Weakness in the telecom sector reflects concerns about slowing advertising and subscription growth, reinforcing a cautious market view on ad revenues and user-growth metrics.

AI가 생성한 분석으로 투자 자문이 아닙니다.

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