Alphabet Shares Drop Amid Key Departure; Defensive Stocks Rise
The stock market on June 22 saw defensive blue-chip stocks gain while tech giants like Alphabet fell due to a key departure from its DeepMind AI unit. The Dow Jones rose, but the S&P 500 and Nasdaq Composite declined as energy prices dropped following progress in U.S.-Iran peace talks.
Topics: AI developments Dow Jones Nasdaq Composite oil prices S&P 500 stock market