Wall Street Mixed: Dow Edges Up, Nasdaq Slips as Micron Surges, Apple Slumps
Key Facts
In a session reflecting divergent investor sentiment between traditional and tech stocks, the Dow Jones Industrial Average rose 0.14%, while the Nasdaq Composite fell 0.46%, according to a Wall Street Journal report. The mixed performance was driven by a sharp surge in Micron shares against a notable slump in Apple, amid volatile trading in the technology sector.
Meanwhile, other major tech stocks showed mixed results: Alphabet (GOOGL) closed at $342.83, Meta (META) at $546.48, and Microsoft (MSFT) at $355.13, per market data from June 25. The moves occurred without fresh catalysts, suggesting portfolio rotation among top names.
At the close on June 25, Apple (AAPL) traded at $275.15 after hitting a low of $273.75, while Micron (MU) ended at $1,212.53 with a high of $1,255, according to market data. Traders will watch for catalysts from the upcoming earnings season or macro data that could reinforce the current divergence between tech stocks.