US stocks today: Broadcom revenue misses Nasdaq as chips dent stocks

US stocks today: Broadcom revenue misses Nasdaq as chips dent stocks

The S&P 500 and Nasdaq opened higher on Thursday, as lower Broadcom revenue weighed on chip stocks, while equity investors breathed a sigh of relief after a strong rally to record highs.

The Dow Jones Industrial Average opened up 299.0 points, or 0.59%, at 50,986.1. The S&P 500 fell 37.1 points, or 0.49%, to 7,516.54 at the opening bell, while the Nasdaq Composite shed 274.7 points, or 1.02%, to 26,579.297.

US markets

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On 04 June 2026, 01:30 AM IST

S&P 500 Top Gainers

Texas Pacific Landis 406.76(9.69%)
Moderna49.06(7.49%)
Insightis 97.98(6.22%)
Joint fareshas been kept at 1,057(6.21%)

profiteers»

S&P 500 Top Losers

Kotera Energy32.56(-8.62%)
Global paymentsis 67.85(-8.35%)
Charter Communications129.01(-8.03%)
Service nowis 117.90(-7.64%)

losers»

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