'Magnificent 7' Stocks Decline in June, Erasing Year-to-Date Gains

The "Magnificent 7" group of tech stocks, including Microsoft, Nvidia, and Apple, experienced a significant decline in June, shedding approximately $2 trillion in market capitalization and pushing them into negative territory for the year.

1 Jul, 15:55 — 1 Jul, 15:55

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cnbcMostly Factual59d ago

'Magnificent 7' stocks' rough June pushes them into the red for the year. What's behind the decline

The group — which Microsoft, Nvidia, Alphabet, Apple, Meta, Tesla and Amazon — shaved off roughly $2 trillion in market cap during June.

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'Magnificent 7' Stocks Decline in June, Erasing Year-to-Date Gains

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'Magnificent 7' stocks' rough June pushes them into the red for the year. What's behind the decline

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