---
title: "Nike fell nearly 20%, leading the decline along with technology stocks First Solar and Super Micro Computer in all S&P 500 index components"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/207557371.md"
description: "The S&P 500 index experienced a volatile decline and turned downward after the release of US PCE inflation data, closing down nearly 20%. Technology stocks like First Solar and Super Micro Computer also followed the decline. Among the 11 sectors, the telecommunications sector and the consumer discretionary sector saw the biggest declines, falling by 1.63% and 1.36% respectively"
datetime: "2024-06-28T21:07:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/207557371.md)
  - [en](https://longbridge.com/en/news/207557371.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/207557371.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/207557371.md) | [繁體中文](https://longbridge.com/zh-HK/news/207557371.md)


# Nike fell nearly 20%, leading the decline along with technology stocks First Solar and Super Micro Computer in all S&P 500 index components

After the release of the US PCE inflation data on Friday (June 28th), the S&P 500 index opened slightly higher, rising to a daily high of 5523.64 points at 22:15, then fluctuated downward and turned into a decline. At 03:34 (less than 30 minutes before the US stock market closed), it fell to a daily low of 5451.12 points, eventually closing near the daily low. Most of the 11 sectors of the S&P 500 index closed lower, with the telecommunications sector down 1.63%, the consumer discretionary sector down 1.36%, the information technology/tech sector down 0.43%, the financial sector up 0.38%, the energy sector up 0.42%, and the real estate sector up 0.62%

### Related Stocks

- [First Solar, Inc. (FSLR.US)](https://longbridge.com/en/quote/FSLR.US.md)
- [S&P 500 (.SPX.US)](https://longbridge.com/en/quote/.SPX.US.md)
- [Super Micro Computer, Inc. (SMCI.US)](https://longbridge.com/en/quote/SMCI.US.md)
- [SPDR® S&P 500® ETF (SPY.US)](https://longbridge.com/en/quote/SPY.US.md)

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