Stock Market Today, June 3: Stocks Slip at Midday on Fresh Geopolitical Tensions
2026-06-03 13:26:40 ET
At midday, the S&P 500 (SNPINDEX:^GSPC) had fallen 0.57% to 7,566.40 after Monday’s record close. The Nasdaq Composite (NASDAQINDEX:^IXIC) slipped 0.84% to 26,866.56, and the Dow Jones Industrial Average (DJINDICES:^DJI) dropped 0.85% to 50,873.86 as oil gains and geopolitical jitters weighed on stocks.
Marvell Technology extended its extraordinary rally, while other artificial intelligence (AI) names such as Nvidia and Micron Technology slipped. Navitas Semiconductor surged over 20% on further Nvidia chip collaboration news.
Valuation jitters pressured Oracle and International Business Machines . Oracle’s earnings are due next week, and investors will be weighing its AI spending against income generation.
NASDAQ: MRVL
MRVL Trading
8.3% G/L:
$305.20 Last:
71,810,188 Volume:
$317.63 Open:
