MARKET DAILY

Market 06/02: Semis Rise, Software Slumps, Capital Seeks Safe Havens

SPX breaks 7,620 peak, April job openings sharply beat forecasts

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Key headlines:

  • US-Iran: Agreement could be reached next week

  • Lebanon announces ceasefire between Hezbollah and Israel

  • President Trump signs executive order to promote AI

  • April job openings: Hiring beats forecasts

  • Broadcom launches Edge AI portfolio

  • Cisco launches cloud-based AI management platform

  • Alphabet raises $80 billion to invest in AI

  • HPE: Q1 beats expectations driven by AI

  • Market: Breaking highs, dispersion, retail capping at 7620

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