Stock Market Today, June 24: Stocks Gain at Midday Ahead of Micron's Earnings
Equity markets reversed early losses as lower crude costs helped calm investor nerves, today, June 24, 2026.
By Emma Newbery
As of midday, the Dow Jones Industrial Average (^DJI +0.50%) rose 0.89% to 52,125.67, the Nasdaq Composite (^IXIC 0.19%) gained 0.65% to 25,753.08, and the S&P 500 (^GSPC +0.02%) edged up 0.61% to 7,410.55 as falling oil prices and stabilizing technology shares helped markets recover from yesterday’s losses.
Gold futures fell 3.09% to $4,021.20, and the 10-Year Treasury yield slipped 0.08% to 4.41% as of midday. Most sectors were in the green this morning, with industrials and consumer cyclicals leading the gainers. Falling oil prices weighed on energy stocks, which lagged along with basic materials.
Today's biggest moves
Wendy's surged over 40% before paring gains in a retail-driven meme-stock rally, while Chemours climbed following a $450 million environmental settlement. Robinhood Markets fell on reports that Meta Platforms is developing a rival prediction application. Here’s why Robinhood could fall further.
Meanwhile, Broadcom gained after it unveiled the new Jalapeño AI chip developed in partnership with OpenAI. Micron Technology slipped slightly ahead of its earnings, due after the bell today.
What this means for investors
Oil prices continued to fall this morning, helping to reduce inflation concerns and strengthen stock markets. WTI crude slid to $70 a barrel — the lowest since the start of March. Tech stocks also stabilized as investor jitters eased slightly, a reminder that pullbacks, while unnerving, are normal after red-hot rallies. What matters is market fundamentals, which still seem strong.
That said, investors will be paying close attention to Micron’s earnings later today. With heavy artificial intelligence spending under the microscope, Micron is seen as a barometer for semiconductor demand.