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WSJ Minute Briefing

Stocks Close Higher as Investors Weigh AI Fervor and Mideast Worries

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 2 June 2026

⏱️ 4 minutes

🧾️ Download transcript

Summary

U.S. stocks close at fresh records for their fifth straight session. And Marvell Technology shares jump after Nvidia’s Huang says it could become the next $1 trillion company. Alexis Green hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:28.3

among real estate professionals. Here's your closing bell brief for Tuesday, June 2nd.

0:36.1

I'm Alexis Green for the Wall Street

0:37.6

Journal. U.S. stocks finished at record highs today for the fifth consecutive trading session.

0:43.0

Investors weighed their enthusiasm for AI with tensions in the Middle East. The Dow closed up nearly

0:48.3

0.5%. The S&P advanced 0.13%, and the NASDAQ added 0.03%. Oil prices rose slightly after jumping yesterday

0:57.6

on reports that fighting in Lebanon had emerged as a sticking point in U.S.-Iran peace negotiations.

1:03.5

President Trump said that Israel and Hezbollah had agreed to stop fighting. However, it's uncertain where this leaves talks with Iran.

1:10.6

Among individual companies,

1:12.6

Alphabet stock was down nearly 4% after the company said it plans to raise $80 billion

1:17.6

to help finance AI infrastructure investments. Shares in Berkshire Hathaway, which agreed to buy

1:23.3

10 billion of the company's stock, ended up 0.3%. The Bitcoin hoarding company's strategy shares

1:29.8

fell more than 9% one day after saying it sold a small amount of its cryptocurrency.

1:35.7

Victoria's secret stock jumped 47% after the lingerie and apparel retailer raised its

1:41.1

full year guidance. Marvel technology stock soared 32.5% after NVIDIA's CEO

1:47.3

Jensen Wong said the chipmaker could become the next trillion dollar company, thanks to demand

...

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