A XM não fornece serviços a residentes nos Estados Unidos da América.

S&P 500, Nasdaq lower as semiconductor shares weigh



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>US STOCKS-S&P 500, Nasdaq lower as semiconductor shares weigh</title></head><body>

For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window

U.S. business activity inches up in June

Spirit Aero up following report of Boeing nearing buyout deal

Sarepta surges on expanded use of gene therapy

Indexes: Dow up 0.19%, S&P down 0.32%, Nasdaq down 0.56%

Updated at 9:55 a.m. ET

By Lisa Pauline Mattackal and Ankika Biswas

June 21 (Reuters) -The S&P 500 and the Nasdaq fell on Friday weighed down by chip stocks, while investors also assessed stronger-than-expected U.S. business activity data.

AI chip firm Nvidia NVDA.O dropped 4.4%, after losses in the previous session saw its market valuation fall back below that of Microsoft MSFT.O.

Semiconductor stocks Qualcomm QCOM.O, Broadcom AVGO.O, Micron Technology MU.O and Arm Holdings ARM.O were down between 2% and 5%, dragging the Philadelphia SE Semiconductor index .SOX 2.2% lower.

Technology .SPLRCT was the worst hit among the major S&P 500 sector indexes, and was down 1.3%.

Megacaps such as Alphabet GOOGL.O, Amazon.com AMZN.O and Apple AAPL.O rose between 0.6% and 1.4%.

U.S. business activity crept up to a 26-month high in June amid a rebound in employment, but price pressures subsided considerably, offering hope that a recent slowdown in inflation was likely to be sustained.

Flash services PMI increased to 55.1 this month, above expectations of 53.7, while manufacturing PMI edged up to 51.7, compared with expectations of a dip to 51.

The market is also assessing a string of weakening economic data, and commentary from U.S. Federal Reserve officials that interest rates could remain higher for longer if there is no consistent improvement in inflation numbers.

Friday's session will mark the expiry of quarterly derivatives contracts tied to stocks, index options and futures, also known as "triple witching", adding to market volatility.

Money markets are still pricing in a 58% chance of a 25-basis point rate cut in September, and still expect about two rate cuts this year, according to LSEG's FedWatch data. FEDWATCH

The S&P 500 .SPX crossed the 5,500-point milestone during Thursday's session, however, both the benchmark index and the tech-heavy Nasdaq .IXIC closed lower as megacap stocks pulled back.

Wall Street's bumper gains since the final leg of 2023 have been primarily driven by the likes of Nvidia and a handful of other heavily weighted stocks linked to artificial intelligence. Analysts, however, have raised concerns whether the strong increase in their valuations is sustainable.

"The largest companies in the S&P 500 are excellent, very profitable and growing quickly ... but they are getting a little bit expensive," said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance.

"We wouldn't be surprised if the market takes a breather and cools off a bit in the short term."

At 9:55 a.m. ET, the Dow Jones Industrial Average .DJI was up 73.72 points, or 0.19%, at 39,208.48, the S&P 500 .SPX was down 17.36 points, or 0.32%, at 5,455.81, and the Nasdaq Composite .IXIC was down 98.42 points, or 0.56%, at 17,623.17.

Spirit AeroSystems SPR.N rose 4.8% following a Reuters report that Boeing BA.N is nearing a deal to buy back the airplane parts supplier after months of talks.

Sarepta Therapeutics SRPT.O soared 34.8% after the U.S. Food and Drug Administration allowed the expanded use of the company's gene therapy for patients with Duchenne muscular dystrophy aged four and older.

Declining issues outnumbered advancers for a 1.37-to-1 ratio on the NYSE and a 1.14-to-1 ratio on the Nasdaq.

The S&P index recorded 14 new 52-week highs and one new low, while the Nasdaq recorded 12 new highs and 60 new lows.



Reporting by Lisa Mattackal and Ankika Biswas in Bengaluru; Editing by Shounak Dasgupta

</body></html>

Isenção de Responsabilidade: As entidades do XM Group proporcionam serviço de apenas-execução e acesso à nossa plataforma online de negociação, permitindo a visualização e/ou uso do conteúdo disponível no website ou através deste, o que não se destina a alterar ou a expandir o supracitado. Tal acesso e uso estão sempre sujeitos a: (i) Termos e Condições; (ii) Avisos de Risco; e (iii) Termos de Responsabilidade. Este, é desta forma, fornecido como informação generalizada. Particularmente, por favor esteja ciente que os conteúdos da nossa plataforma online de negociação não constituem solicitação ou oferta para iniciar qualquer transação nos mercados financeiros. Negociar em qualquer mercado financeiro envolve um nível de risco significativo de perda do capital.

Todo o material publicado na nossa plataforma de negociação online tem apenas objetivos educacionais/informativos e não contém — e não deve ser considerado conter — conselhos e recomendações financeiras, de negociação ou fiscalidade de investimentos, registo de preços de negociação, oferta e solicitação de transação em qualquer instrumento financeiro ou promoção financeira não solicitada direcionadas a si.

Qual conteúdo obtido por uma terceira parte, assim como o conteúdo preparado pela XM, tais como, opiniões, pesquisa, análises, preços, outra informação ou links para websites de terceiras partes contidos neste website são prestados "no estado em que se encontram", como um comentário de mercado generalizado e não constitui conselho de investimento. Na medida em que qualquer conteúdo é construído como pesquisa de investimento, deve considerar e aceitar que este não tem como objetivo e nem foi preparado de acordo com os requisitos legais concebidos para promover a independência da pesquisa de investimento, desta forma, deve ser considerado material de marketing sob as leis e regulações relevantes. Por favor, certifique-se que leu e compreendeu a nossa Notificação sobre Pesquisa de Investimento não-independente e o Aviso de Risco, relativos à informação supracitada, os quais podem ser acedidos aqui.

Aviso de risco: O seu capital está em risco. Os produtos alavancados podem não ser adequados para todos. Recomendamos que consulte a nossa Divulgação de Riscos.