Dow Jones Top Markets Headlines at 1 PM ET: U.S. Stocks Rise as Investors Weigh AI Fervor Against Mideast Worries | Nvidia's ...

Dow Jones
Jun 03

U.S. Stocks Rise as Investors Weigh AI Fervor Against Mideast Worries

All three major U.S. stock indexes eked out small gains as investors digested more AI news.

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Nvidia's Huang Says Marvell May Join $1 Trillion Club

Jensen Huang says Marvell Technology could be the next chip firm to join the trillion-dollar club, predicting a surge in demand for AI hardware fueled by the emergence of autonomous models.

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Oil Prices Waver as Trump Says Iran Peace Talks Are Going Ahead

Brent crude and WTI crude prices were fluctuating as President Donald Trump said peace negotiations with Iran were continuing.

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U.S. Job Openings Increased While Hiring Fell in April

U.S. job openings increased to 7.6 million in April, from 6.9 million in March. Meanwhile, the hiring rate worsened to 3.2% in April from 3.5% in March, with about 5.1 million Americans landing new jobs in April.

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Hammack Says Fed May Need to Respond if Inflation Persists

Cleveland Fed President Beth Hammack, a voting member this year, said policy may not be restrictive enough to bring inflation to 2%.

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Eurozone Inflation Climbs Further, Paving Way for ECB Rate Hike

Inflation rose to 3.2% in May, a fourth-straight increase and the highest level since September 2023.

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BOE's Greene Says Case for Rise in Key Interest Rate is Growing

The case for raising rates, which were left unchanged in April, grows stronger the longer the conflict in the Middle East continues, said Megan Greene.

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Canada's Carney Says GDP Weakness Reflects Policy Shifts to Rebuild Economy

There are signs of economic weakness in Canada, Prime Minister Carney said, arguing this reflects policy decisions made since he came to power that have been aimed at rewiring the economy to deal with U.S. tariffs.

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This Crypto-Trading Platform Is Emerging as Wall Street's Convenience Store

Hyperliquid, founded three years ago by former quant trader Jeff Yan, is always open for business.

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Swiss Watch Exports Tumbled in April as U.S. Tariff Volatility Persists

Total exports in April were around 17% down compared with a year prior due to a pronounced decline in U.S.-bound shipments.

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Berkshire Is Convinced the American Dream of Homeownership Will Stay Alive

Under its new chief executive, Greg Abel, Berkshire raises its bet on a market recovery by adding another housing company to its portfolio.

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South Korea Inflation Accelerated to 26-Month High in May

The benchmark consumer-price index rose 3.1% from a year earlier in May, reflecting the effects of higher oil prices amid Middle East tensions and the won's weakness against the U.S. dollar.

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Private-Credit Firms' Insurers Brace for Looming Legal Storm

The insurers are preparing for legal fights against boards and executives over valuation practices.

 

(END) Dow Jones Newswires

June 02, 2026 13:00 ET (17:00 GMT)

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