#USMarketUpdate
Stocks fall as US-Iran tensions ramp back up
https://finance.yahoo.com/markets/live/stock-market-today-wednesday-june-3-dow-sp-500-nasdaq-fall-oil-rises-224803128.html
Stocks fall as US-Iran tensions ramp back up
https://finance.yahoo.com/markets/live/stock-market-today-wednesday-june-3-dow-sp-500-nasdaq-fall-oil-rises-224803128.html
Yahoo Finance
Stock market today: Dow, S&P 500, Nasdaq retreat from records as hopes fade for quick US-Iran deal fades
US stocks wavered at the open as Wall Street weighed the promise of the AI trade against fragile US-Iran negotiations.
SpaceX Is About to IPO. History Says a 55% Stock Drop Could Be Coming Next.
https://247wallst.com/investing/2026/06/03/spacex-is-about-to-ipo-history-says-a-55-stock-drop-could-be-coming-next/
https://247wallst.com/investing/2026/06/03/spacex-is-about-to-ipo-history-says-a-55-stock-drop-could-be-coming-next/
24/7 Wall St.
SpaceX Is About to IPO. History Says a 55% Stock Drop Could Be Coming Next.
While SpaceX’s anticipated public debut has Wall Street salivating over what could be the most consequential IPO in a decade, the historical record offers a sobering warning. The company filed its S-1 in May, outlining three business segments: Space (Falcon…
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#USMarketUpdate
Wall Street ends lower as Middle East tensions escalate | Reuters
SUMMARY
Indexes down: Dow 1.21%, S&P 0.74%, Nasdaq 0.89%
Asset managers dip as Partners Group caps withdrawals on PE fund
Broadcom rises ahead of quarterly results after market close
U.S. services sector activity picks up in May, data shows
NEW YORK, June 3 (Reuters) - Wall Street stocks pulled back from record highs on Wednesday as flaring tensions in the Middle East and rising crude prices stoked inflation jitters and convinced investors to take some profits.
All three major U.S. stock indexes closed in negative territory, dragged lower by financials (.SPSY), opens new tab and tech (.SPLRCT), opens new tab, with the small-cap Russell 2000 (.RUT), opens new tab underperforming its larger-cap counterparts.
Chips (.SOX), opens new tab gained 1.4%, indicating the artificial intelligence fervor is alive and well. Even so, six of the Magnificent Seven group of AI-related megacaps ended lower.
Meta Platforms (META.O), opens new tab was the sole gainer, rising 4.2%...
The S&P Software & Services index (.SPLRCIS), opens new tab, battered in recent months by fears of AI disruption, slid 4.0%.
Middle East hostilities intensified as the U.S. and Iran traded a new round of air strikes, the latest test of a shaky ceasefire.
Oil prices rose, adding to worries that upward pressure on energy prices could metastasize into broader, systemic inflation.
https://www.reuters.com/business/wall-st-futures-pause-near-record-highs-oil-climbs-middle-east-stalemate-2026-06-03/
US stocks close lower as Middle East tensions escalate
https://www.straitstimes.com/business/companies-markets/us-stocks-close-lower-as-middle-east-tensions-escalate
Wall Street ends lower as Middle East tensions escalate | Reuters
SUMMARY
Indexes down: Dow 1.21%, S&P 0.74%, Nasdaq 0.89%
Asset managers dip as Partners Group caps withdrawals on PE fund
Broadcom rises ahead of quarterly results after market close
U.S. services sector activity picks up in May, data shows
NEW YORK, June 3 (Reuters) - Wall Street stocks pulled back from record highs on Wednesday as flaring tensions in the Middle East and rising crude prices stoked inflation jitters and convinced investors to take some profits.
All three major U.S. stock indexes closed in negative territory, dragged lower by financials (.SPSY), opens new tab and tech (.SPLRCT), opens new tab, with the small-cap Russell 2000 (.RUT), opens new tab underperforming its larger-cap counterparts.
Chips (.SOX), opens new tab gained 1.4%, indicating the artificial intelligence fervor is alive and well. Even so, six of the Magnificent Seven group of AI-related megacaps ended lower.
Meta Platforms (META.O), opens new tab was the sole gainer, rising 4.2%...
The S&P Software & Services index (.SPLRCIS), opens new tab, battered in recent months by fears of AI disruption, slid 4.0%.
Middle East hostilities intensified as the U.S. and Iran traded a new round of air strikes, the latest test of a shaky ceasefire.
Oil prices rose, adding to worries that upward pressure on energy prices could metastasize into broader, systemic inflation.
https://www.reuters.com/business/wall-st-futures-pause-near-record-highs-oil-climbs-middle-east-stalemate-2026-06-03/
US stocks close lower as Middle East tensions escalate
https://www.straitstimes.com/business/companies-markets/us-stocks-close-lower-as-middle-east-tensions-escalate
While You Were Sleeping: 5 stories you might have missed, June 4, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-june-4-2026
https://vt.tiktok.com/ZSQ1nbAtr/
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-june-4-2026
https://vt.tiktok.com/ZSQ1nbAtr/
The Straits Times
While You Were Sleeping: 5 stories you might have missed, June 4, 2026
While You Were Sleeping: 5 stories you might have missed, June 4, 2026. Read more at straitstimes.com. Read more at straitstimes.com.
SpaceX confirms it will seek $75B in record IPO
https://finance.yahoo.com/markets/stocks/article/spacex-confirms-it-will-seek-75-billion-in-record-ipo-213415033.html
https://finance.yahoo.com/markets/stocks/article/spacex-confirms-it-will-seek-75-billion-in-record-ipo-213415033.html
Yahoo Finance
SpaceX confirms it will seek $75 billion in record IPO
Confirming earlier reporting, SpaceX said in a filing it will seek proceeds of $75 billion from its IPO, a record amount for any initial public offering.
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Republican-led House votes to stop Iran war, rebuking Trump
https://finance.yahoo.com/economy/policy/articles/republican-led-house-votes-stop-221427671.html
https://finance.yahoo.com/economy/policy/articles/republican-led-house-votes-stop-221427671.html
Yahoo Finance
Republican-Led House Votes to Stop Iran War, Rebuking Trump
(Bloomberg) -- The Republican-led House voted to halt the US war with Iran, breaking with President Donald Trump on an unpopular foreign conflict that is taking an escalating economic toll on Americans.Most Read from BloombergTrump Begins Rebuilding His Tariff…
Bitcoin’s Break With Tech Widens After Strategy’s Sale Feeds Rout
https://finance.yahoo.com/markets/crypto/articles/bitcoin-break-tech-widens-strategy-093646864.html
https://finance.yahoo.com/markets/crypto/articles/bitcoin-break-tech-widens-strategy-093646864.html
Yahoo Finance
Bitcoin’s Break With Tech Widens After Strategy’s Sale Feeds Rout
(Bloomberg) -- Bitcoin’s selloff extended into Wednesday after Strategy Inc.’s sale of a tiny portion of its massive cryptocurrency stockpile rattled sentiment and widened the token’s divergence from record-setting technology shares.Most Read from BloombergRussia…
Broadcom's AI Revenue Just Soared 143%. So Why Is the Stock Falling?
https://finance.yahoo.com/markets/stocks/articles/broadcom-forecasts-quarterly-revenue-above-201802095.html
https://finance.yahoo.com/markets/stocks/articles/broadcoms-ai-revenue-just-soared-220730855.html
https://finance.yahoo.com/markets/stocks/articles/broadcom-forecasts-quarterly-revenue-above-201802095.html
https://finance.yahoo.com/markets/stocks/articles/broadcoms-ai-revenue-just-soared-220730855.html
Yahoo Finance
Broadcom's AI Revenue Just Soared 143%. So Why Is the Stock Falling?
The data center and networking specialist just offered definitive proof that AI adoption is soaring. The stock is down anyway.
Beige Book Raises Red Flags About Inflation
https://finance.yahoo.com/economy/policy/article/feds-beige-book-shows-evidence-of-widening-k-shaped-economy-as-inflation-rises-195939060.html
https://finance.yahoo.com/economy/policy/articles/beige-book-raises-red-flags-213122711.html
https://finance.yahoo.com/economy/policy/article/feds-beige-book-shows-evidence-of-widening-k-shaped-economy-as-inflation-rises-195939060.html
https://finance.yahoo.com/economy/policy/articles/beige-book-raises-red-flags-213122711.html
Yahoo Finance
Beige Book Raises Red Flags About Inflation
The Fed's anecdotal report highlighted rising inflation risks from higher fuel costs due to the Iran war.
CrowdStrike reports higher operating expenses as AI investments gain pace
CrowdStrike’s (NASDAQ:CRWD) Q1 CY2026 Sales Beat Estimates But Stock Drops
https://finance.yahoo.com/markets/stocks/articles/crowdstrike-reports-higher-operating-expenses-204131499.html
CrowdStrike’s (NASDAQ:CRWD) Q1 CY2026 Sales Beat Estimates But Stock Drops
https://finance.yahoo.com/markets/stocks/articles/crowdstrike-reports-higher-operating-expenses-204131499.html
Yahoo Finance
CrowdStrike reports higher operating expenses as AI investments gain pace
CrowdStrike reported a 15% jump in its first-quarter operating expenses on Wednesday, as the cybersecurity company ramps up investments in AI and product development. Shares of the company dropped 9% in extended trading. Here are some details: • CrowdStrike…
A 180% Crypto Rally Shows New Investing Era as Bitcoin Melts
https://finance.yahoo.com/markets/crypto/articles/180-crypto-rally-shows-investing-134600888.html
https://finance.yahoo.com/markets/crypto/articles/180-crypto-rally-shows-investing-134600888.html
Yahoo Finance
A 180% Crypto Rally Shows New Investing Era as Bitcoin Melts
(Bloomberg) -- As billions of dollars leave Bitcoin and Ether funds, money is flowing into a corner of crypto that promises something investors have long struggled to find in digital assets: a clearer path from economic activity to token value.Most Read from…
AI Euphoria in Old World Auto Stocks Gets a Nod From Wall Street
https://finance.yahoo.com/sectors/technology/articles/ai-euphoria-old-world-auto-194531008.html
https://finance.yahoo.com/sectors/technology/articles/ai-euphoria-old-world-auto-194531008.html
Yahoo Finance
AI Euphoria in Old World Auto Stocks Gets a Nod From Wall Street
(Bloomberg) -- Investors betting that more old-world auto companies are in line to benefit from the boom in artificial intelligence got another stamp of approval from Wall Street.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced…
Anthropic looks to set up shop in Singapore, fill roles from finance to product support
https://www.straitstimes.com/tech/anthropic-looks-to-set-up-shop-in-spore-fill-roles-from-finance-to-product-support
https://www.straitstimes.com/tech/anthropic-looks-to-set-up-shop-in-spore-fill-roles-from-finance-to-product-support
The Straits Times
Anthropic looks to set up shop in Singapore, fill roles in finance and product support
AI research firm Anthropic plans Singapore presence, hiring for finance and product support roles as it expands internationally. Read more at straitstimes.com. Read more at straitstimes.com.
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China, Hong Kong stocks fall after Middle East tensions flare
Jun 4, 2026, 16:40 GMT+8
https://www.tradingview.com/news/reuters.com,2026:newsml_L1N42C08X:0-china-hong-kong-stocks-fall-after-middle-east-tensions-flare/
China, Hong Kong stocks fall after Middle East tensions flare
Jun 4, 2026, 16:40 GMT+8
https://www.tradingview.com/news/reuters.com,2026:newsml_L1N42C08X:0-china-hong-kong-stocks-fall-after-middle-east-tensions-flare/
TradingView
China, Hong Kong stocks fall after Middle East tensions flare
China and Hong Kong stocks fell with Asian markets on Thursday, as Middle East tensions intensified, but Chinese chipmakers jumped on bets of domestic breakthroughs.** In China, the large-cap CSI300 Index SZSE:399300 fell 0.7% while the Shanghai Composite…
#HKMarketUpdate
<Full-day Takeaway>HSI Down 379 pts; HSTI Down 81 pts; CATL Down over 7%; CITIC Hit New Highs; Market Turnover Rises
http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1527577/top-news/AAFN
<Full-day Takeaway>HSI Down 379 pts; HSTI Down 81 pts; CATL Down over 7%; CITIC Hit New Highs; Market Turnover Rises
http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1527577/top-news/AAFN
#HKMarketUpdate
<H Shrs>HSI Ends Down 379 pts; CATL Tumbles 7%; AIA Sags 6%+
http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1527583/top-news/AAFN
<H Shrs>HSI Ends Down 379 pts; CATL Tumbles 7%; AIA Sags 6%+
http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1527583/top-news/AAFN
AASTOCKS.COM
<H Shrs>HSI Ends Down 379 pts; CATL Tumbles 7%; AIA Sags 6%+
The HSI closed at 25,253, down 379 pts or 1.48%. Total turnover for the day amounted to HKD270....
#SgMarketUpdate
Singapore stocks retreat as bank sell-off snaps STI’s two-day winning streak
https://www.businesstimes.com.sg/companies-markets/singapore-stocks-retreat-bank-sell-snaps-stis-two-day-winning-streak
Singapore stocks retreat as bank sell-off snaps STI’s two-day winning streak
https://www.businesstimes.com.sg/companies-markets/singapore-stocks-retreat-bank-sell-snaps-stis-two-day-winning-streak
The Business Times
Singapore stocks retreat as bank sell-off snaps STI’s two-day winning streak
The index falls 1.4% to close at 5,067.53 Read more at The Business Times.