Stock Market Today, June 2: Chipmakers Drive S&P 500 to Another Record Close
2026-06-02 17:22:10 ET
The S&P 500 (SNPINDEX:^GSPC) rose 0.13% to 7,609.78, notching another record close. The Nasdaq Composite (NASDAQINDEX:^IXIC) inched up 0.03% to 27,093.90, and the Dow Jones Industrial Average (DJINDICES:^DJI) gained 0.45% to 51,307.79 in an uneven session.
Marvell Technology was among the day’s top gainers, closing up 33% on comments from Nvidia CEO Jensen Huang. Hewlett Packard Enterprise soared 19% on earnings strength.
Alphabet slid 4% as investors weighed its $80 billion stock sale plan. Cisco Systems stock increased after the firm rolled out new AI cybersecurity software. Palo Alto Networks gained over 8% in after-hours trading after its Q1 results beat analyst expectations.
NASDAQ: MRVL
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