The Motley Fool·4 min read·hard

Stock Market Today, July 16: Micron Plunges as Tech Stocks Extend Sell-Off

E
Emma Newbery
Stock Market Today, July 16: Micron Plunges as Tech Stocks Extend Sell-Off
AI Summary

Global stock markets experienced a sell-off led by technology and chip stocks, with Micron Technology falling significantly. Investors are expressing concerns over AI spending and geopolitical tensions between the U.S. and Iran.

The Nasdaq Composite ( ^IXIC 1.47% ) fell 1.47% to 25,882, the S&P 500 ( ^GSPC 0.51% ) slipped 0.51% to 7,534, and the Dow Jones Industrial Average ( ^DJI 0.20% ) edged 0.20% lower to 52,553 as global technology stocks extended yesterday's sell-off.

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