Markets News, June 4, 2026: Dow Soars 875 Points to Record Close; S&P 500 Overcomes Broadcom-Led Tech Pullback; Oil Retreats
• The Dow Jones Industrial Average soared 875 points to reach a new record close on Thursday, June 4, 2026. • Gains were primarily driven by strong performances from UnitedHealth Group and Goldman Sachs, which helped the index overcome a tech-led pullback. • In contrast, the S&P 500 faced headwinds as Broadcom and other AI chipmaker stocks experienced significant declines, and oil prices retreated.
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