Jun. 2 at 8:38 PM
S&P 500 just closed above 7,600 for the first time ever.
Dow also hit a new intraday all time high, even with mixed tech action underneath.
$MRVL ripped +19 percent after Jensen Huang called it a potential trillion dollar company.
$HPE surged +32 percent on its biggest earnings beat since 2018.
Philadelphia Semiconductor Index jumped +4 percent.
$GOOGL slipped about 4 percent after heavy pressure from its
$80B offering.
Dow +229 points, Nasdaq basically flat.
On the macro side, Iran said it may block the Strait of Hormuz, while Trump commented he “couldn’t care less” and later said talks are continuing at a rapid pace.
Oil extended gains on supply risk headlines.
Markets at highs, but cross asset signals are getting more mixed.
