Closing Bell: Dow Rallies to Fresh Record 6/4/26
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 4 June 2026
⏱️ 43 minutes
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| 0:00.0 | Thank you very much. Welcome to closing bell. I'm Scott Wobner, live from Post 9 here at the New York Stock Exchange, and this maker breakout begins with a record high for the Dow today. |
| 0:09.0 | Tech taking a bit of a breather as money heads to other areas of the market. Is it a sign of further things to come? |
| 0:16.8 | We'll ask our experts over this final stretch. We'll show you the scorecard here with 60 to go in regulation. |
| 0:23.2 | You did have most sectors but technology in the green. |
| 0:26.9 | We've had staples go red, materials go red, albeit slightly. |
| 0:31.0 | But it's a really positive day for everything other than technology. |
| 0:35.5 | There's healthcare, industrials, comm services, doing pretty well, too. |
| 0:39.5 | You've had a first today in shares of United Health, good for about 5%. That means a lot to the Dow. |
| 0:45.9 | So does Goldman Sachs and some of the other big names around the financial space today. Pretty solid. |
| 0:51.7 | SpaceX beginning its road show today amid questions about its valuation. |
| 0:56.1 | And we'll have more coming up, including an interview with NYU's dean of valuation. |
| 1:00.9 | Oswath Demoterin. We look forward to speaking with him. We do begin with our talk of the tape. |
| 1:05.0 | Move over NASDAQ, it is the Dow that is surging to a new record high today. Let's welcome in our panel to discuss partners groups. |
| 1:14.5 | Anastasia Amoroso, Solis' Dan Greenhouse, sofies, Liz Thomas. |
| 1:19.1 | Welcome, everybody. |
| 1:20.4 | Good to have you with us. |
| 1:21.4 | Anastasia is this, as we ask, a sign of more to come, |
| 1:25.8 | more movement into all of these other areas of this stock market. |
| 1:30.0 | Well, that would certainly be a healthy development. And look, I think tech is absolutely due |
| 1:34.0 | for a breather here. And you don't have to look too far to see it, whether it's the SOX index that has |
| 1:39.8 | surged 99% since the end of March, whether it's the fact that you've got the RSI, whether it's on the NASDAQ or just on the markets broadly that's at 70 and has been there for 23 consecutive days. There's a lot of length there. But I do want to make a point, Scott, that this is not, by the way, about Broadcom earnings disappointing or the AI or semiconductor trade disappointing. You know, when you look at the |
| 2:01.1 | earnings of something like Broadcom, for example, they delivered 143% year-over-year growth in their |
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