Nasdaq Closes Lower Amid Chip Sell-Off But Futures Rise Post-Micron

How it moves markets

Nasdaq — mixed: Chip-related selling weighed on the index during the day while after-hours futures rose on company results.

S&P 500 — neutral: The broader index showed only a minor move tied to the same technology stock pressure.

Chain reaction

Chip stocks face selling pressure

Nasdaq ends the day lower

Micron delivers stronger results

After-hours futures move higher

Scenarios

Bull case: Further positive chip company updates could support a rebound in technology shares.

Base case: Markets may open higher on the back of the after-hours futures gain.

Bear case: Continued selling in the sector may keep indexes under pressure.

Winners and losers

Winner — Nasdaq 100 futures: rose following the chip company results

Loser — Nasdaq: declined amid chip stock selling

The MAEXO take

The session reflected mixed technology stock moves with after-hours optimism tied directly to one company's results.

What to watch next

Opening levels in major indexes the next session

Additional technology company earnings updates

Follow-through moves in chip stocks

Learn the concept

Stock prices can shift between regular trading and after-hours periods when new company information arrives.