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Stock Futures Drop After Market Snaps Record-Breaking Rally
Barrons.com122d agoneutral
Stock Futures Drop After Market Snaps Record-Breaking Rally

Stocks looked set to slide again on Thursday after chip maker Broadcom’s third-quarter revenue guidance failed to wow Wall Street, reigniting some worries about how fast AI demand will accelerate. Futures tracking the S&P 500 declined 0.4%, and contracts tied to the tech-heavy Nasdaq 100 fell 1.0%.

US Stock Market Today: S&P 500 Futures Slip As Oil And Growth Crosscurrents Build
Simply Wall St.122d agoneutral
US Stock Market Today: S&P 500 Futures Slip As Oil And Growth Crosscurrents Build

The Morning Bull - US Market Morning Update Thursday, Jun, 4 2026 US stock futures are mixed this morning, with broad S&P 500 contracts slightly softer while tech linked contracts edge higher, as investors weigh three big forces. First, the OECD now expects global growth of 2.8% in 2026 and US growth of 2.0%, a signal that the world economy is still expanding but not racing ahead. Second, the US 10 year Treasury yield is holding near 4.45%, suggesting borrowing costs for mortgages, credit...

2 Reasons to Like DSGR (and 1 Not So Much)
StockStory122d agoneutral
2 Reasons to Like DSGR (and 1 Not So Much)

Distribution Solutions has been treading water for the past six months, holding steady at $27.45. The stock also fell short of the S&P 500’s 11% gain during that period.

Asian shares retreat as US stocks halt their record-breaking rally, while oil prices fall back
Associated Press122d agoneutral
Asian shares retreat as US stocks halt their record-breaking rally, while oil prices fall back

Oil prices fell back after surging Wednesday as renewed fighting threatened the U.S.-Iran ceasefire. Early Thursday in Asia, Brent crude was $1.17 lower at $96.64 per barrel, while benchmark U.S. crude oil shed $1.08 to $94.94 per barrel. Oil prices had climbed a day earlier after both the United States and Iran said they launched retaliations for earlier attacks or attempted ones.

SpaceX stock market debut set to make Elon Musk a trillionaire
Sky News123d agoneutral
SpaceX stock market debut set to make Elon Musk a trillionaire

SpaceX plans to raise up to $75bn (£56bn) when it goes public this month – putting Elon Musk on course to become the world's first trillionaire. The space company is gearing up for what is expected to be the largest-ever stock market debut. It says it will sell 555.6 million shares at $135 (£100) a piece in its initial public offering (IPO).

Review & Preview: Down Day
Barrons.com123d agoneutral
Review & Preview: Down Day

REVIEW PREVIEW NEWSLETTER What goes up… All three major indexes fell on Wednesday, with S&P500 and Nasdaq Composite Index snapping a two-week streak of positive returns. The S&P fell 0.7%, while the Nasdaq dropped 0.

Wall Street ends lower as Middle East tensions escalate
Reuters Videos123d agoneutralVIDEO
Wall Street ends lower as Middle East tensions escalate

<body><p>STORY: Wall Street's main indexes tumbled on Wednesday, with the Dow losing about 1.2%, the S&P 500 shedding about three-quarters of a percent and the Nasdaq falling roughly nine-tenths of a percent.</p><p>Flaring tensions in the Middle East and rising crude prices stoked inflation jitters and convinced investors to take some profits.</p><p>Energy stocks, buoyed by oil prices, enjoyed the largest percentage gains, with Exxon Mobil&nbsp;and Chevron both closing higher.&nbsp;</p><p>Meanwhile, six of the Magnificent Seven group of megacap tech stocks ended lower, with Meta the only exception.</p><p>Liz Miller is founder and president of Summit Place Financial Advisors.</p><p>"I more and more just keep seeing this market as a ping pong. One day we've got the momentum leading tech stocks up and then that drives all the indices up. And the next day we've got sort of the second tier undervalued companies up and the index is down. [FLASH] Today's again, one of those days where we're seeing energy with the most strength.&nbsp;We're seeing some of the consumer come through, some of the industrial, but techs are marginally down.&nbsp;And that's what I mean when I think about this market as a ping pong market, because these are high quality companies, they're large cap, they would be top tier fundamentally, but they haven't really participated as much in the index strength."</p><p>Among individual movers, shares of GameStop jumped 6% after the original meme stock posted a rise in quarterly revenue and unveiled a $2 billion share buyback program.</p><p>Shares of Crowdstrike, down nearly 3% at the close, dropped about another 10% in extended trading after the cyber security company reported a 15% jump in its first-quarter operating expenses as it ramps up investments in AI and product development.</p><p>And shares of Broadcom fell more than 6% in extended trading despite the company forecasting third-quarter revenue above Wall Street expectations, betting on robust demand for its custom AI chips and networking gear.</p></body>