2026.6.2 Market Overview
US stocks have rallied for the ninth consecutive trading day, setting new all-time highs, with the S&P breaking 7600 points. Bitcoin took a heavy hit, plummeting over 6% to drop below $67,000.

1. VIXY closed down 1.64% at 23.46.
2. The S&P 500 index rose by 9.82 points, up 0.13%, closing at 7609.78 points, marking its fifth consecutive day of record closing highs and the first time above the 7600 mark. The Dow Jones Industrial Average increased by 228.91 points, up 0.45%, closing at 51307.79 points, also achieving a record closing high for five days straight. The Nasdaq rose by 7.093 points, up 0.03%, closing at 27093.901 points, barely maintaining its record closing high.
3. Apple gained 2.90%, Tesla increased by 1.89%, Meta dropped 0.47%, Nvidia fell 0.69%, Amazon decreased by 1.81%, Google A fell 3.86%, and Microsoft dropped 4.17%.
4. The Nasdaq Golden Dragon China Index rose by 1.8%. Among popular Chinese stocks, Tencent gained 9.3%, Meituan-W was up 6.4%, Li Auto rose 6.1%, Alibaba increased by 4.3%, BYD was up 4.2%, Baidu rose 3.4%, NetEase increased by 1.3%, and Pinduoduo gained 1%.
5. Nvidia CEO Jensen Huang stated that Marvell Technology is set to become the next "trillion-dollar company," with Marvell's stock price soaring over 32% on the day.