S7/10Economic

US Stock: S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount

Indian markets mirrored global trends as major indices, including the Nasdaq and S&P 500, closed at over a week's low on Tuesday. Semiconductor stocks experienced significant declines, fueled by investor concerns over debt-fueled AI spending and anticipation of a more hawkish stance from the U.S. Federal Reserve. Traders are now pricing in a higher likelihood of a second interest rate hike by December.

23 Jun 2026, 20:02 UTCSource: Economic TimesOriginal source

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⚠️ This is a probabilistic forecast, not a guarantee. Accuracy is measured only on resolved scenarios; monitor confirmation indicators below.
A
Эскалация54% model probability

Forecast derived from cascade analysis. Watch confirmation indicators below.

Confirmation indicators

  • Increase in U.S. Treasury yields: A sharp rise in bond yields signals increased investor demand for safe
  • haven assets and a more hawkish stance from the Fed. Sharp decline in semiconductor stocks: Continued sell
  • off in chip companies, especially those heavily reliant on AI development, indicates deepening concerns about market saturation and overvaluation. Time horizon: Next 30 days. Effect: The selloff could acc
Horizon: 7–30 days