--- title: "Dow Jumps Triple Digits Despite Tech Weakness" type: "News" locale: "en" url: "https://longbridge.com/en/news/290460003.md" description: "Wall Street opened mixed with the Dow Jones rising triple digits while the Nasdaq dropped nearly 300 points due to tech weakness. Key movers include SpaceX, Chevron, and Micron. In options activity, traders heavily targeted Accenture (ACN) following revenue outlook cuts, while Super Micro Computer (SMCI) surged on an upgrade driven by AI server demand. Conversely, Rocket Lab (RKLB) slipped after joining the Nasdaq-100." datetime: "2026-06-22T16:05:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/290460003.md) - [en](https://longbridge.com/en/news/290460003.md) - [zh-HK](https://longbridge.com/zh-HK/news/290460003.md) --- # Dow Jumps Triple Digits Despite Tech Weakness Stocks are trading mixed to start the week. The Dow Jones Industrial Average (DJI) is up triple digits, while the S&P 500 Index (SPX) hovers modestly lower, and the Nasdaq Composite Index (IXIC) drops nearly 300 points as Big Tech weighs on sentiment. SpaceX (SPCX) is in focus, down 9% after last week's rally, while investors monitor **U.S.-Iran negotiations** and look ahead to another **round of inflation data** and Micron Technology (MU) earnings later this week. _Continue reading for more on today's market, including:_ - Chevron slated to fuel massive **Microsoft data center**. - **Surging chip stock** lands "outperform" rating. - Plus, options traders target ACN; SMCI surges on upgrade; and RKLB slips after Nasdaq-100 inclusion. Options traders are targeting **Accenture Plc (NYSE:ACN)** today as analysts flood the stock with price-target cuts following the company's lowered revenue outlook. So far, 33,000 calls and 39,000 puts have been exchanged, which is eight times the stock's average daily options volume already. The August 120 put is the most popular, followed by the August 130 call, with new positions opening at both. ACN was last seen down 5.9% at $120.45, extending Thursday's 18% drop and trading at **nine-year lows**. **Super Micro Computer Inc (NASDAQ:SMCI)** is leading the Nasdaq today, up 15.8% at $35.50 at last check, after an upgrade from GF Securities to "buy" from "hold," with a price target of $48, due to strong AI server demand. The 200-day moving average looks to be keeping a cap on gains today, however. Year to date, the equity is up 21.1%. **Rocket Lab Corp (NASDAQ:RKLB)** is sharply lower today, last seen down 7.6% at $99.09, testing the round $100 mark. The company has been volatile on the charts as space stocks entered focus amid the **SpaceX (SPCX) IPO**, and is one of five names joining the Nasdaq-100 Index (NDX) today. Since the start of the year, RKLB is up 43%. ### Related Stocks - [ACN.US](https://longbridge.com/en/quote/ACN.US.md) - [RKLB.US](https://longbridge.com/en/quote/RKLB.US.md) - [CVX.US](https://longbridge.com/en/quote/CVX.US.md) - [SMCI.US](https://longbridge.com/en/quote/SMCI.US.md) - [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [PL.US](https://longbridge.com/en/quote/PL.US.md) - [SATS.US](https://longbridge.com/en/quote/SATS.US.md) - [ASTS.US](https://longbridge.com/en/quote/ASTS.US.md) - [VCX.US](https://longbridge.com/en/quote/VCX.US.md) - [DXYZ.US](https://longbridge.com/en/quote/DXYZ.US.md) - [MUD.US](https://longbridge.com/en/quote/MUD.US.md) - [SMYY.US](https://longbridge.com/en/quote/SMYY.US.md) - [SMCX.US](https://longbridge.com/en/quote/SMCX.US.md) - [MULL.US](https://longbridge.com/en/quote/MULL.US.md) - [SMCY.US](https://longbridge.com/en/quote/SMCY.US.md) - [SMCZ.US](https://longbridge.com/en/quote/SMCZ.US.md) - [MUU.US](https://longbridge.com/en/quote/MUU.US.md) - [QLD.US](https://longbridge.com/en/quote/QLD.US.md) - [RKLZ.US](https://longbridge.com/en/quote/RKLZ.US.md) - [ITA.US](https://longbridge.com/en/quote/ITA.US.md) - [SMCL.US](https://longbridge.com/en/quote/SMCL.US.md) - [159241.CN](https://longbridge.com/en/quote/159241.CN.md) - [XAR.US](https://longbridge.com/en/quote/XAR.US.md) - [PPA.US](https://longbridge.com/en/quote/PPA.US.md) - [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md) - [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md) - [QQQE.US](https://longbridge.com/en/quote/QQQE.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [RKLX.US](https://longbridge.com/en/quote/RKLX.US.md) - [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [QID.US](https://longbridge.com/en/quote/QID.US.md) - [ARKX.US](https://longbridge.com/en/quote/ARKX.US.md) - [SMCC.US](https://longbridge.com/en/quote/SMCC.US.md) - [ASTX.US](https://longbridge.com/en/quote/ASTX.US.md) - [ASUP.US](https://longbridge.com/en/quote/ASUP.US.md) - [ASTN.US](https://longbridge.com/en/quote/ASTN.US.md) - [PLU.US](https://longbridge.com/en/quote/PLU.US.md) - [DIA.US](https://longbridge.com/en/quote/DIA.US.md) - [DDM.US](https://longbridge.com/en/quote/DDM.US.md) - [UDOW.US](https://longbridge.com/en/quote/UDOW.US.md) - [DOG.US](https://longbridge.com/en/quote/DOG.US.md) - [SDOW.US](https://longbridge.com/en/quote/SDOW.US.md) - [DXD.US](https://longbridge.com/en/quote/DXD.US.md) - [MUYY.US](https://longbridge.com/en/quote/MUYY.US.md) - [MUZ.US](https://longbridge.com/en/quote/MUZ.US.md) - [QYLD.US](https://longbridge.com/en/quote/QYLD.US.md) - [JEPQ.US](https://longbridge.com/en/quote/JEPQ.US.md) - [QQQI.US](https://longbridge.com/en/quote/QQQI.US.md) - [ECHO.US](https://longbridge.com/en/quote/ECHO.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md) ## Related News & Research - [What Is Going On With Micron Stock On Thursday?](https://longbridge.com/en/news/290195069.md) - [Prediction: Micron stock will skyrocket after June 24](https://longbridge.com/en/news/290416231.md) - [Rocket Lab Stock Is Sliding Tuesday: What's Driving The Action?](https://longbridge.com/en/news/290604011.md) - [Is Jabil Stock Outperforming the Nasdaq?](https://longbridge.com/en/news/290340622.md) - [Should Investors Buy the Pullback in Rocket Lab Stock (RKLB)? 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