Stock Market Update
04-Jun-26 11:10 ET
Magnificent seven stocks mostly higher
Dow +841.46
at 51528.53,
Nasdaq -71.77
at 26803.20,
S&P +15.43
at 7569.11
[BRIEFING.COM] The major averages continue to chart session highs as the market is showing signs of resilience after opening weakness.
Six "magnificent seven" names trade higher today, helping limit losses in the Vanguard Mega Cap Growth ETF (-0.2%) despite a host of large chipmakers trading lower.
Alphabet (GOOG 364.64, +8.96, +2.52%) is a notable standout, reclaiming a the bulk of its recent weakness after the company announced an $84.75 billion equity capital raise to expand AI infrastructure and compute.
