Stock Market Update
27-Jul-26 10:35 ET
Semiconductor stocks gapping lower
Dow +295.67
at 52242.92,
Nasdaq -103.63
at 24893.20,
S&P -6.34
at 7405.64
[BRIEFING.COM] The S&P 500 (-0.1%), Nasdaq Composite (-0.4%), and DJIA (+0.6%) are off their opening highs as semiconductor stocks begin to gap lower, weighing on the information technology sector (-1.2%).
The PHLX Semiconductor Index is now down 3.9%, pushing its month-to-date loss past 20% for July. Memory names such as Sandisk (SNDK 1267.01, -169.55, -11.80%), large chipmakers such as Advanced Micro Devices (AMD 485.61, -36.34, -6.96%), and AI infrastructure names such as Teradyne (TER 325.72, -24.20, -6.91%) are all under pressure.
