2026.6.4 US Market Snapshot
Chip stocks getting dumped, AI trading cooling off, Nasdaq dips slightly while Dow skyrockets nearly 900 points to a historic high.
1. VIXY closed down 3.61% at 22.67.
2. S&P 500 closed up 30.63 points, a gain of 0.41%, finishing at 7584.31 points. The Dow Jones Industrial Average surged 874.86 points, up 1.73%, closing at 51561.93 points, hitting a new closing all-time high after just one trading day. Nasdaq dropped 23.018 points, down 0.09%, ending at 26830.958 points.
3. Google A up nearly 4%, Nvidia up 1.94%, Amazon up 1.51%, Meta up 0.74%, while in the M7, only Tesla fell 1.24%.
4. Nasdaq Golden Dragon China Index closed down 0.60% at 6597.34 points. Among popular Chinese stocks, WeRide fell 8.92%, Pony.ai dropped 7.81%, CenturyLink down 6%, ASE Technology down 3.78%, Li Auto down 2.8%, Kingsoft Cloud down 1.65%, Alibaba and Meituan ADRs down 0.99%.
5. Bitcoin continued its downward trend, dipping to a low of $61,000 during the session, close to the early February low of this year, before slightly recovering.
6. Spot gold prices briefly regained above $4,500, ultimately closing up about 1% at $4,478.
Chip stocks getting dumped, AI trading cooling off, Nasdaq dips slightly while Dow skyrockets nearly 900 points to a historic high.
1. VIXY closed down 3.61% at 22.67.
2. S&P 500 closed up 30.63 points, a gain of 0.41%, finishing at 7584.31 points. The Dow Jones Industrial Average surged 874.86 points, up 1.73%, closing at 51561.93 points, hitting a new closing all-time high after just one trading day. Nasdaq dropped 23.018 points, down 0.09%, ending at 26830.958 points.
3. Google A up nearly 4%, Nvidia up 1.94%, Amazon up 1.51%, Meta up 0.74%, while in the M7, only Tesla fell 1.24%.
4. Nasdaq Golden Dragon China Index closed down 0.60% at 6597.34 points. Among popular Chinese stocks, WeRide fell 8.92%, Pony.ai dropped 7.81%, CenturyLink down 6%, ASE Technology down 3.78%, Li Auto down 2.8%, Kingsoft Cloud down 1.65%, Alibaba and Meituan ADRs down 0.99%.
5. Bitcoin continued its downward trend, dipping to a low of $61,000 during the session, close to the early February low of this year, before slightly recovering.
6. Spot gold prices briefly regained above $4,500, ultimately closing up about 1% at $4,478.