Stock Market Live June 8, 2026: S&P 500 (SPY) Rebounds with Chip Stocks
Chipmakers and AI-linked stocks lifted the S&P 500 after last week’s selloff, with Marvell jumping 9% and Citi raising its target to 8,100.
- On Monday, June 8, 2026, the S&P 500 and Philadelphia Semiconductor Index rebounded as investors engaged in bargain hunting following Friday's sharp selloff that erased $1 trillion in value.
- Broadcom's 14% revenue shortfall against elevated expectations triggered Friday's rout, which cascaded across the sector and erased roughly $1.3 trillion in market value.
- Shares of Marvell Technology climbed 9% as the company prepared to join the S&P 500 on June 22, while Nvidia and Broadcom shares also advanced.
- Institutional investors continue hedging as put contracts on the VanEck Semiconductor ETF hit record levels, indicating implied volatility remains elevated despite the recovery.
- Hyperscalers are expected to spend more than $600 billion on AI infrastructure this year, as Citigroup analysts noted that AI tailwinds are fueling a fundamental surge.
17 Articles
17 Articles
Chip stocks rose on Monday, following last week’s selloff
Chip stocks rose more than 5% on Monday, following a selloff last week that knocked off more than $1 trillion in market value. The rebound was a sign that the AI-powered bull run isn’t coming to an end any time soon. “A correction was inevitable and ultimately healthy,” a Morgan Stanley executive said. Nvidia’s CEO pitched the selloff as a buying opportunity, saying we’re only “at the beginning” of the AI moment. The stock boost comes at a pivot…
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Nasdaq, S&P 500 Rise as Chip Stocks Rebound After Selloff
Chipmakers helped lift the Nasdaq and S&P 500 on Monday as investors moved back into technology shares following Friday’s sharp decline and welcomed signs of ... The post Nasdaq, S&P 500 Rise as Chip Stocks Rebound After Selloff first appeared on [your]NEWS.
Stock Market Today, June 8: Marvell, Intel, and Micron Lead Tech Stock Rebound
S&P 500 (SNPINDEX:^GSPC) rose 0.30% to 7,405.73 and the Nasdaq Composite (NASDAQINDEX:^IXIC) climbed 0.86% to 25,929.66 as tech stocks began to recover from Friday’s rout. The Dow Jones Industrial Average (DJINDICES:^DJI) slipped 0.16% to 50,786.01 as cyclicals lagged.Market moversMarvell Technology jumped 10% following news of its upcoming S&P 500 inclusion, while artificial intelligence (AI) chip bellwethers Nvidia, Intel, and Micron Technolog…
Correspondent Kim Yeon-sook = On the 8th (local time), the New York stock market rebounded as bargain buying flowed in, centered on technology and semiconductor stocks that had plummeted last week. However, the Dow Jones 30 Industrial Average, composed mainly of blue-chip stocks, closed slightly lower. On the New York stock market today, the Dow
Chip stocks rebound but record put buying signals caution
Micron surged 10% on Monday after losing 13% on Friday. Marvell jumped 9% on news of its addition to the S&P 500. The semiconductor sector bounced back from its worst single-day rout since 2020, when the Philadelphia Semiconductor Index fell roughly 10.3% and erased over $1.3 trillion in market value. But one corner of the […] This story continues at The Next Web
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