Stock Market Today, June 23: Sandisk Leads Tech Stock Slide as South Korea Jitters Trigger Global Pullback at Midday

Stocks were broadly weaker at midday, with the S&P 500 down 1.06% to 7,393.73 and the Nasdaq Composite falling 1.56% to 25,759.41 amid an intensifying technology rout. The Dow Jones Industrial Average was an outlier, edging up 0.09% to 51,758.04. The move points to a risk-off session driven by weakness in large-cap tech rather than broad market stress.

Analysis

Stocks were broadly weaker at midday, with the S&P 500 down 1.06% to 7,393.73 and the Nasdaq Composite falling 1.56% to 25,759.41 amid an intensifying technology rout. The Dow Jones Industrial Average was an outlier, edging up 0.09% to 51,758.04. The move points to a risk-off session driven by weakness in large-cap tech rather than broad market stress.