Stock Market Update
29-Jun-26 15:05 ET
Super Micro Computer plummets on probe headlines
Dow +354.33
at 52230.44,
Nasdaq +487.15
at 25805.76,
S&P +81.43
at 7435.45
[BRIEFING.COM] The S&P 500 (+1.1%), Nasdaq Composite (+1.9%), and DJIA (+0.7%) continue to drift higher as the market enters the final hour of the session.
While the majority of notable semiconductor and other AI-related names now sport solid gains, Super Micro Computer (SMCI 27.78, -2.86, -9.32%) is sharply lower after Bloomberg reported that the company's Taiwan office was raided by government authorities as part of the investigation into the smuggling of NVIDIA (NVDA 193.88, +1.35, +0.70%) chips into China.
