Dow Rallies 182 Points While Nasdaq, S&P Slip: U.S. Markets Close Mixed on June 24
The Dow surged 182 points on June 24 while the Nasdaq and S&P 500 retreated, as energy, tech, and communication shares dragged on markets and investors waited on Micron's after-hours earnings.
U.S. stocks closed mixed on Wednesday, June 24: the Dow Jones Industrial Average bucked the trend to finish higher, while the S&P 500 and tech-heavy Nasdaq Composite both edged lower. Energy, communication, and tech sectors led the declines, and markets were cautious ahead of Micron Technology's after-hours earnings report.
- S&P 500 fell 0.10% to close at 7,358.22[TheStreet]
- Nasdaq Composite fell 0.43% to 25,476.64
- Dow Jones Industrial Average gained 182.06 points (+0.35%) to 51,848.90
- Energy, communication, and tech were the session's biggest laggards
- Brent crude settled down roughly 4.3% on the day
- Micron Technology (MU) reported fiscal Q3 2026 earnings after the close
U.S. equities closed mixed on Wednesday, June 24. According to TheStreet, the Dow Jones Industrial Average gained 182.06 points, or 0.35%, to finish at 51,848.90; the S&P 500 slipped 0.10% to 7,358.22; and the tech-heavy Nasdaq Composite fell 0.43% to 25,476.64. Weakness in energy, communication, and tech shares weighed on the broader market, with investors holding back ahead of Micron Technology's (MU) after-hours earnings release.[TheStreet]
Closing Data
- Dow Jones Industrial Average: +182.06 points (+0.35%) to 51,848.90
- S&P 500: −0.10% to 7,358.22
- Nasdaq Composite: −0.43% to 25,476.64
Per TheStreet, the Nasdaq's pullback was partly driven by pre-earnings weakness in Micron shares, as investors awaited the chipmaker's results after the close.[TheStreet]
Sector and Commodity Performance
The day's biggest drags were concentrated in energy, communication, and tech. On the commodity front, oil prices tumbled: per CNBC, WTI crude settled at $70.34 per barrel, while Brent crude dropped roughly 4.3% to settle at $73.74 per barrel, as improved tanker transit through the Strait of Hormuz eased fears of a Middle East supply disruption.[CNBC]
The Dow's relative resilience reflects its lower exposure to tech and its heavier weighting in financials and industrials — sectors that held up better on the day. The tech and communication selloff registered more sharply in the S&P 500 and Nasdaq.
After-Hours Focus and Upcoming Catalysts
After the close, Micron Technology reported results for fiscal Q3 2026. On the macro calendar for June 25, multiple financial outlets flagged May PCE inflation data, the final Q1 GDP reading, and May durable goods orders — alongside pre-market earnings from restaurant operator Darden Restaurants (DRI).[TheStreet]
All index levels and percentage changes cited reflect official closing prices. After-hours and next-session performance may differ; exchange data and company filings are the definitive record.
Sources
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