2026.6.1 US Market Overview
Cloud service providers are leading the charge, with all three major US indices hitting record closing highs, and the Nasdaq crossing 27,000 points.
1. VIXY closed up 2.4%, at 23.85.
2. The three major US stock indices saw slight gains, all reaching new closing highs. The S&P 500 index rose by 19.90 points, up 0.26%, closing at 7599.96 points, marking three consecutive trading days of record closings. The Dow Jones Industrial Average increased by 46.42 points, up 0.09%, closing at 51078.88 points, yet again hitting a closing record high. The Nasdaq rose by 114.188 points, up 0.42%, closing at 27086.808 points, achieving record closing highs for three days straight.
3. Nvidia surged 6.26%, Microsoft gained 2.28%, Google-A fell 1.04%, Apple dropped 1.84%, Amazon declined 3.47%, Tesla fell 4.57%, and Meta dropped 5.07%.
4. The Nasdaq Golden Dragon China Index increased by 1.47%, closing at 6683.46 points. Among popular Chinese stocks, Shengda Technology rose by 25%, Kingsoft Cloud gained 8.6%, Pony.ai was up 7.3%, NIO increased by 6.8%, Pinduoduo rose by 3.6%, Alibaba gained 1%, while Li Auto fell by 3.1%.
5. The Philadelphia Semiconductor Index rose by 1.06%, breaking the previous closing record of 12876.910 points set on May 26. TSMC ADR rose by 4.21%, AMD fell by 1.16%. Micron surged over 6%, with stock prices exceeding $1000.
6. Bitcoin dropped over 3% to $71000, losing the 100-day moving average, hitting its lowest level since April 8. Ethereum slightly dipped 0.2% to around $2000.
Cloud service providers are leading the charge, with all three major US indices hitting record closing highs, and the Nasdaq crossing 27,000 points.
1. VIXY closed up 2.4%, at 23.85.
2. The three major US stock indices saw slight gains, all reaching new closing highs. The S&P 500 index rose by 19.90 points, up 0.26%, closing at 7599.96 points, marking three consecutive trading days of record closings. The Dow Jones Industrial Average increased by 46.42 points, up 0.09%, closing at 51078.88 points, yet again hitting a closing record high. The Nasdaq rose by 114.188 points, up 0.42%, closing at 27086.808 points, achieving record closing highs for three days straight.
3. Nvidia surged 6.26%, Microsoft gained 2.28%, Google-A fell 1.04%, Apple dropped 1.84%, Amazon declined 3.47%, Tesla fell 4.57%, and Meta dropped 5.07%.
4. The Nasdaq Golden Dragon China Index increased by 1.47%, closing at 6683.46 points. Among popular Chinese stocks, Shengda Technology rose by 25%, Kingsoft Cloud gained 8.6%, Pony.ai was up 7.3%, NIO increased by 6.8%, Pinduoduo rose by 3.6%, Alibaba gained 1%, while Li Auto fell by 3.1%.
5. The Philadelphia Semiconductor Index rose by 1.06%, breaking the previous closing record of 12876.910 points set on May 26. TSMC ADR rose by 4.21%, AMD fell by 1.16%. Micron surged over 6%, with stock prices exceeding $1000.
6. Bitcoin dropped over 3% to $71000, losing the 100-day moving average, hitting its lowest level since April 8. Ethereum slightly dipped 0.2% to around $2000.