Argus

•

Jun 23, 2026

Sector(s)

Consumer Defensive, Industrials, Consumer Cyclical

Summary

At midday Tuesday, the major indices were lower, though faring better than a more pronounced sell-off after the opening bell. The tech-heavy Nasdaq was still down 1.5% following an overnight rout in Asia on memory-chip makers, on apparent concerns over share valuations after the AI trade's recent torrid advance. The news was overshadowing positive developments in the Iran conflict, after

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