Markets News, June 24, 2026: S&P 500, Nasdaq Fall for 3rd Straight Day; Oil Prices Drop to Lowest Level Since Start of War
• The S&P 500 and Nasdaq declined for the third consecutive day on June 24, 2026, driven by renewed selling pressure in the technology sector. • AI chip designer Cerebras (CBRS) saw its shares tumble 20% following its first public earnings report, which forecast a gross margin contraction of up to 10 percentage points this quarter. • Oil prices dropped to their lowest level since the start of the war, while FedEx (FDX) shares dipped slightly despite reporting quarterly results that beat Wall Street estimates.
investopedia.com







