U.S. stocks rose sharply before pulling back! Chip stocks rebounded, with Intel up over 11% and Micron Technology up over 9%.

格隆汇2026/06/08 22:29

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Glonghui June 9｜U.S. stocks surged and then retreated on Monday, with the three major indices ending mixed at the close: the Dow Jones fell 0.16%, the Nasdaq rose 0.86%, and the S&P 500 increased 0.30%. Chip stocks rebounded, with the Philadelphia Semiconductor Index up 5.6%. Intel rose more than 11%, Micron Technology climbed more than 9%, Applied Materials rose more than 8%, ASML increased more than 6%, SanDisk and AMD both rose over 5%. Optical communication concept stocks strengthened, with Marvell Technology climbing over 9%, AAOI up over 11%, and Astera Labs gaining over 9%. Apple closed down 1.9%, as investors reacted lukewarmly to Apple’s next-generation AI platform and upgraded Siri. The Nasdaq Golden Dragon China Index closed down 0.62%. Among popular Chinese concept stocks, Daqo New Energy closed down 4.6%, Meituan ADR fell 3.02%, Pinduoduo dropped 2.88%, Boss Zhipin and Kingsoft Cloud both fell at least 2.74%, Jinko Solar and Baidu each dropped at least 2.1%. KE Holdings rose 0.5%, MINISO increased 1.16%, Vipshop climbed 1.26%, NIO gained 1.68%, Li Auto increased 2.32%, Bilibili rose 2.86%, Pony.ai climbed 3.94%, and Tiger Brokers gained 4.24%.

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Procore: Director Kevin J. O’Connor reported selling 15,384 common shares on Oct. 5-6. Sales prices ranged from $52.83 to $55.08 per share. Indirect holding fell to 908,286 shares, held via the Kevin J. O’Connor Revocable Trust. O’Connor also reported 21,344 shares held directly. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Procore Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-065378), on October 07, 2026, and is solely responsible for the information contained therein.

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