AI Stocks Close
🔔 AI Stocks Close — Monday, June 29, 2026 at 2:30 PM
Closes: SPX 7,440.43 (+1.18%) · NDX 29,743.06 (+2.15%) · DJI 52,182.74 (+0.59%)
Day narrative: Tech roared back to open the holiday-shortened week, with the Nasdaq leading a broad risk-on rally on easing US-Iran tensions and a Supreme Court ruling that pointedly preserved Fed independence. The Dow closed above 52,000 for the first time ever.
Sectors: Best Technology / Communication Services (mega-cap-led) · Worst Memory semiconductors (Micron and peers dragged by a South Korea chip shock)
Movers:
• TSLA +8.46% — NHTSA closed its power-steering probe; Morgan Stanley and Barclays both lifted Q2 delivery estimates above 410K vehicles ahead of the July 2 report
• IONQ +10.6% — quantum names ripped higher in the risk-on tape
• GOOGL +4% — fresh Dow component caught a bid, helping lift the index above 52,000
• SMCI +5.64% — AI-server name rebounded with the broad chip-adjacent rally
• MU -6%+ — memory stocks sold off after South Korea unveiled its largest-ever semiconductor/AI investment plan, pressuring Micron and SanDisk
• NVDA +1.27% — steady gain to 194.97, underpinning the Nasdaq's advance
After-hours / Earnings:
• Quiet post-close — no major watchlist earnings tonight. The marquee after-hours catalyst is reputational: OpenAI is reportedly weighing delaying its IPO to 2027 to chase a ~$1T valuation, a story still rippling through SoftBank and the AI complex.
Watchlist:
• NVDA $194.97 (+1.27%)
• MU down 6%+ on the day (South Korea memory shock)
• MSFT higher with the tech tape
• GOOGL +4% (new Dow member)
• META higher in the Communication Services rally
• AMZN firmer on the day
• AAPL modestly higher
• AMD $521.58
• TSLA $411.84 (+8.46%)
• PLTR $112.93
• ARM $334.27
• SMCI $43.99 (+5.64%)
• ORCL higher with software
• SOUN $7.49 (+1.35%)
• IONQ $62.80 (+10.6%)
• BBAI $4.31 (+2.62%)
• AVGO $374.51
• CRM $199.44 (+1.56%)
• ADBE higher with software peers
• IBM firmer on the day
• SNOW higher in the data-software rally
• MDB higher with software
• NET higher on the day
• CRWD higher (4-for-1 split effective July 2)
• TSM $432.35
• ASML higher with semis ex-memory
(Where a precise close wasn't confirmed via Yahoo Finance, direction reflects the day's broad tech rally; figures shown are real closes from Yahoo Finance and corroborating sources.)
Macro: Supreme Court expanded presidential authority over independent agencies but carved out an explicit exception protecting Fed independence — a relief for rate-sensitive trades. Oil firmed: Brent +1.4% to ~$73, WTI +1.7% above $70. US-Iran de-escalation set the risk-on tone.
Tomorrow: Watch for follow-through on the Dow's 52K breakout; Tesla Q2 deliveries land July 2 (Street ~406K); the June jobs report was pulled forward to Thursday ahead of the July 4 holiday. Keep an eye on the OpenAI IPO-timing saga and any memory-chip aftershocks from the South Korea news.