Tech stocks continued their downward slide on Thursday, June 25, 2026, dragging Wall Street into fresh losses. The Nasdaq Composite fell for the fourth consecutive session, closing down 0.46% at 25,358 points — its longest losing streak in recent weeks.
Investor concerns over valuations, interest rate uncertainty, and mixed corporate earnings have weighed heavily on the sector. While Micron Technology surged 14.6% after reporting strong quarterly results — with adjusted earnings per share of $25.11 and revenue of $41.46 billion — Apple shares dropped 6.5% following disappointing sales forecasts for MacBooks and iPads, reportedly down 20%, according to MarketWatch.com.
Among major indices, the Dow Jones Industrial Average edged up 0.14% to close at 51,920 points. The broader S&P 500 was nearly flat, slipping just 0.01% to 7,357 points. In contrast, the tech-heavy Nasdaq remained under pressure, reflecting ongoing sector-wide volatility.
Meanwhile, U.S. inflation data released earlier in the week showed annual consumer prices rose 4.1% in May — slightly below analysts’ forecast of 4.5%. Despite the modest moderation, bond yields moved lower: the 10-year Treasury yield declined one basis point to 4.38%, while the 2-year yield fell four basis points to 4.11%.