SpaceX Shares Surge Nearly 5% Amid Mixed U.S. Market Close and Tech Sector Declines
2026-06-17 04:02

Woofun AI reports that U.S. equity markets concluded Tuesday's session with mixed performance across major benchmarks. The Dow Jones Industrial Average gained 0.6%, whereas the S&P 500 retreated 0.57% and the Nasdaq Composite declined 1.15%. In a notable outlier move, SpaceX (SPCX.O) shares surged approximately 17% intraday before settling at a 4.8% gain for the session.

Meanwhile, semiconductor and consumer technology stocks faced downward pressure. Marvell Technology (MRVL.O) dropped nearly 10%, and Micron Technology (MU.O) fell 6%. The Nasdaq China Golden Dragon Index also suffered a 2.5% decline, with Xpeng Motors (XPEV.N) losing over 4%.

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