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Nasdaq Slides 2.2%, VanEck Semiconductor ETF Gains $6.9B

6/24/2026

30 3 Full Breakdown

Summary

Story summary

U.S. stocks fell on Tuesday as the Nasdaq Composite dropped 580 points, or 2.2%, to close at 25,587.
Nasdaq-100 futures fell about 2.5%, putting the index on track to erase over $1 trillion in value.
VanEck Semiconductor ETF attracted $6.93 billion of net inflows, about 8.78% of its assets and 32% of the $21.46 billion in U.S. tech funds the week to June 17.

History

Historical Context

In March 2000 the Nasdaq peaked then fell 78% by Oct 2002 after Fed rate hikes, wiping billions from Cisco and Amazon. The pattern repeated in June 2024 when the Nasdaq dropped 2.2%, erasing over $1 trillion and directing $6.93 billion into VanEck’s semiconductor ETF, showing tech rallies still trigger sharp corrections.

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Story summary

U.S. stocks fell on Tuesday as the Nasdaq Composite dropped 580 points, or 2.2%, to close at 25,587.
Nasdaq-100 futures fell about 2.5%, putting the index on track to erase over $1 trillion in value.
VanEck Semiconductor ETF attracted $6.93 billion of net inflows, about 8.78% of its assets and 32% of the $21.46 billion in U.S. tech funds the week to June 17.

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