Market Indexes Close Out June With a Tech-Fueled Tuesday Rally
Key takeaways
- The S&P 500 (SNPINDEX: ^GSPC) gained 0.6%, while the Dow Jones Industrial Average (DJINDICES: ^DJI) added a modest 0.2%.
- Chip stocks dominated the session, with the i Shares Semiconductor ETF (NASDAQ: SOXX) climbing 3.6%.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Anders Bylund, The Motley Fool Wed, July 1, 2026 at 12:31 AM GMT+7 4 min read ^IXIC ^GSPC AAPL NVDA ^DJI The Nasdaq Composite (NASDAQINDEX: ^IXIC) index rose 1.1% by noon ET Tuesday as semiconductor stocks surged, lifting the broader market on the final trading day of June. The S&P 500 (SNPINDEX: ^GSPC) gained 0.6%, while the Dow Jones Industrial Average (DJINDICES: ^DJI) added a modest 0.2%.
Chip stocks dominated the session, with the i Shares Semiconductor ETF (NASDAQ: SOXX) climbing 3.6%. The Silicon Valley surge was broad rather than concentrated in a single name. Apple (NASDAQ: AAPL) led the S&P 500 and Nasdaq Composite higher, adding $110 billion in market capitalization on a fairly modest 2.6% gain.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »