Nasdaq tanks on Fed jitters; chip stocks lead selloff — July 6, 2026

S&P 500 +0.00% · Nasdaq -0.80% · Dow +1.14% · VIX 15.8 — July 6, 2026

The Nasdaq dropped 0.80% today while the Dow climbed 1.14%—a split that tells you everything about where the anxiety lives. The S&P 500 went flat, but breadth was ugly: only 40 of the top 100 most active stocks rose. The story is pre-Fed Minutes jitters mixed with persistent warnings that speculation has hit extremes. BofA is explicitly calling for a "snapback," and after a record-setting week, investors are rotating out of the highest-flying names ahead of whatever the Fed has to say.

The damage clustered in semiconductors and infrastructure plays. KLA, Lam Research, and Corning all cratered between 10% and 11.5%—not on company-specific news, but on collective AI demand anxiety. Navitas Semiconductor dropped 12.5% getting compared unfavorably to Broadcom. Even the crypto and fintech names that should be riding momentum got punished: Cipher Digital off 12.3%, BlackBerry off 10.1%. Keel Infrastructure's 14.7% plunge came after Adeia "picked a fight," but the real story was that investors were already heading for the exits.

Here's what's notable: there's no insider cluster buying to catch our eye today. Nobody running these companies was stepping in to defend share prices ahead of the Fed minutes. That silence, in a market this choppy, is itself a signal—insiders know caution is warranted.

Market commentary generated from the day's data and headlines — not investment advice.

Biggest moves today

• KEEL (Keel Infrastructure Corp.) ▼ -14.68% at $4.59 on 49.9M shares — Adeia Picks a Fight, and Investors Pick the Exit (Trefis)
• NVTS (Navitas Semiconductor Corporati) ▼ -12.52% at $14.46 on 29.5M shares — Broadcom vs. Navitas Semiconductor: Which AI Chip Maker Stock Is a Better Buy in 2026? (Motley Fool)
• CIFR (Cipher Digital Inc.) ▼ -12.26% at $20.04 on 31.1M shares — Can The latest Funding Round Help Cipher Digital (CIFR) Stock Surge? (Insider Monkey)
• KLAC (KLA Corporation) ▼ -11.51% at $235.55 on 23.6M shares — KLA Corporation (KLAC) Is One Of Jim Cramer’s Top Performing 2026 Stocks (Insider Monkey)
• GLW (Corning Incorporated) ▼ -10.81% at $196.79 on 20.0M shares — Why Did QuantumScape Stock Drop Almost 30% in the First Half of 2026? (Motley Fool)
• IREN (IREN LIMITED) ▼ -10.39% at $38.82 on 60.4M shares — IREN Stock Climbs 5% Overnight As Speculation Builds Over Anthropic Contract (Stocktwits)
• LRCX (Lam Research Corporation) ▼ -10.19% at $351.41 on 19.0M shares — Lam Research (LRCX) Stock Falls As AI Demand Fears Clash With Company Guidance (Simply Wall St.)
• WULF (TeraWulf Inc.) ▼ -10.18% at $21.18 on 33.9M shares — Applied Digital Continues Heavy Capital Spending: What's Ahead? (Zacks)
• BB (BlackBerry Limited) ▼ -10.15% at $11.51 on 50.7M shares — Is BlackBerry (BB) One of the Most Buzzing Stocks to Buy Right Now? (Insider Monkey)
• LUMN (Lumen Technologies, Inc.) ▼ -10.07% at $6.43 on 20.0M shares — Alphabet Takes Aim at Malicious Web Traffic (GuruFocus.com)

Most active by volume

#	Ticker	Price	Change	Volume
1	NVDA	$194.83	-1.39%	142.4M
2	AAL	$17.92	-1.27%	130.1M
3	T	$20.58	+0.49%	112.3M
4	INTC	$120.35	-5.25%	125.0M
5	OPEN	$4.90	-0.81%	90.0M
6	ONDS	$7.41	-6.44%	87.1M
7	SOFI	$18.24	-1.08%	81.4M
8	NOK	$12.07	-6.51%	77.2M
9	RIVN	$18.63	+8.44%	78.3M
10	AAPL	$308.63	+4.84%	75.4M
11	TSLA	$393.45	-7.49%	73.9M
12	MU	$975.56	-5.49%	61.8M
13	SPCX	$162.00	+2.83%	61.3M
14	PLUG	$2.64	+0.00%	60.8M
15	PLTR	$129.30	+2.84%	60.8M
16	IREN	$38.82	-10.39%	60.4M
17	VZ	$42.56	+1.36%	58.9M
18	PATH	$11.71	+1.39%	58.4M
19	JOBY	$8.49	-3.96%	55.9M
20	NU	$13.61	+1.64%	52.2M
21	NFLX	$77.65	+4.66%	55.5M
22	PFE	$24.32	+1.84%	51.8M
23	BB	$11.51	-10.15%	50.7M
24	MARA	$12.40	-7.26%	50.6M
25	KEEL	$4.59	-14.68%	49.9M

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Market data from Yahoo Finance; insider data from SEC EDGAR Form 4. For research only — not investment advice. Verify on the official source before trading.