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Symbols
Symbols
Price
Change
% Change
Trend
Prev Close
Open
High
Low
Volume
Mkt Cap
SIXU
Utilities
SIXU
Utilities
SIXU
+1.53%
882.63
+13.31
+1.53%
869.32870.28884.05870.28
SIXC
Communications
SIXC
Communications
SIXC
-1.39%
595.95
-8.38
-1.39%
604.33604.33604.33594.02
SIXV
Health care
SIXV
Health care
SIXV
-1.06%
1,475.06
-15.80
-1.06%
1,490.861,488.511,488.511,466.19
SIXE
Energy
SIXE
Energy
SIXE
+1.01%
1,211.57
+12.17
+1.01%
1,199.401,198.621,212.191,196.39
SIXB
Materials
SIXB
Materials
SIXB
+0.98%
1,089.81
+10.62
+0.98%
1,079.191,079.621,095.141,077.87
US market summary
U.S. stock markets opened lower on June 2, 2026, pulling back after a nine-week winning streak and fresh all-time highs reached in the previous session. While specialized chipmakers and server manufacturers continue to see gains, the broader market is being weighed down by cooling enthusiasm in mega-cap technology names and renewed geopolitical uncertainty.
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Alphabet shares drop following massive capital raise for AI infrastructure
Alphabet shares fell roughly 4% in early trading after the company announced plans to raise $80 billion through a new stock sale. The Google parent intends to use the fresh capital to fund its expanding artificial intelligence ambitions, sparking some investor skepticism regarding whether existing internal operations can support these high-cost infrastructure investments.
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Hewlett Packard Enterprise and Marvell surge on bullish AI guidance
Defying the broader market pullback, Hewlett Packard Enterprise shares soared nearly 30% after the company raised its full-year guidance due to surging demand for AI servers. Similarly, Marvell Technology saw a significant jump of over 20% following an endorsement from NVIDIA's CEO, who suggested the firm could become the next trillion-dollar company in the AI ecosystem.
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Geopolitical tensions in Middle East pressure oil prices and bond yields
Market volatility increased as investors monitored uncertain diplomatic developments between the United States and Iran, which directly impacted energy supplies. While crude oil prices initially surged on reports of stalled negotiations, they later trimmed gains after official statements indicated that talks regarding the reopening of the Strait of Hormuz were still progressing.
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