Dow falls 300 points to kick off June trading on concerns about the economy: Live updates
Publishing timestamp: 2024-06-03 13:34:49
Summary
The Dow Jones Industrial Average fell after weak U.S. manufacturing data raised concerns about the economy. Wall Street is coming off a strong month, but the rally seemed to lose steam. Technical issues at the New York Stock Exchange affected price quotes for several stocks. Shares of Nvidia climbed after announcing new AI chips. Waste Management announced plans to acquire Stericycle. GameStop shares surged amid speculation about a big position held by Keith Gill. European markets started the month higher, and South Korean energy stocks rose. Stock gauges in India hit record highs. China's manufacturing activity expanded at its fastest pace in nearly two years, while South Korea's manufacturing activity also expanded at its fastest pace in nearly three years. Nvidia announced new AI chips, and stock futures were largely unchanged.
Sentiment: MIXED
Tickers: @SP.1, .SPX, INDA, WM, SPOT, UNDEFINED, LLY, GS, ABX-CA, HZO, SRCL, @ND.1, NVDA, @DJ.1, .DJI, CAVA, BRK.A, CAT, .IXIC, PARA, GSBD, .BSESNTR, .NSEI, SMR,
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Source: https://www.cnbc.com/2024/06/02/stock-market-today-live-updates.html