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Near 400-Point Nasdaq Drop Shows How the Semiconductor-Led Selloff Hit US Financial Markets

U.S. markets turned lower Tuesday as a semiconductor-led selloff, hawkish Federal Reserve signals, and softer digital assets overwhelmed earlier relief from Middle East diplomacy. At 10:48 a.m. Eastern time on Tuesday, June 23, 2026, the Nasdaq Composite stood at 25,766.67, down 399 points, while the S&P 500 was at 7,413.96, off 58.83 points. The NYSE…

Nasdaq Composite heat map via Tradingview on Tuesday, June 23, 2026.U.S. markets turned lower Tuesday as a semiconductor-led selloff, hawkish Federal Reserve signals, and softer digital assets overwhelmed earlier relief from Middle East diplomacy. At 10:48 a.m. Eastern time on Tuesday, June 23, 2026, the Nasdaq Composite stood at 25,766.67, down 399 points, while the S&P 500 was at 7,413.96, off 58.83 points. The NYSE […]

Source: https://news.bitcoin.com/near-400-point-nasdaq-drop-shows-how-the-semiconductor-led-selloff-hit-us-financial-markets/