Stock Market Today, June 3: Markets End Winning Streak on Middle East Escalation Fears
2026-06-03 17:36:15 ET
The S&P 500 (SNPINDEX:^GSPC) fell 0.74% to 7,553.68, the Nasdaq Composite (NASDAQINDEX:^IXIC) slipped 0.89% to 26,853.98, and the Dow Jones Industrial Average (DJINDICES:^DJI) dropped 1.21% to 50,687.07 as surging oil, higher yields, and geopolitical tensions pressured markets.
Tech megacaps Nvidia and Microsoft both fell by more than 3%, weighing on the S&P 500 and Nasdaq. Semiconductor sentiment stayed upbeat with gains from memory chip stocks like Sandisk and Micron Technology . Intel erased some of its recent losses and Marvell Technology extended its rally — it is now up over 50% in the past five days.
U.S. indexes ended their winning streak today as investors grew cautious amid reports of escalating tensions in the Middle East. The S&P 500 topped 7,600 for the first time after nine consecutive days of gains, but doubts about the U.S.-Iran peace negotiations caused oil prices to rise and stocks to falter.
NASDAQ: INTC
INTC Trading
3.67% G/L:
$111.565 Last:
80,023,544 Volume:
$116.42 Open:
