Dow Notches Fresh Record, Buoyed by Healthcare, Financial Stocks
Index adds 875 points, while tech investors deal with Broadcom stumble.
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Japan Prime Minister Says Will Defend Yen by Strengthening Economy
Despite recent foreign-exchange intervention, the Japanese currency has weakened again to near the 160 threshold against the dollar, a level seen as a potential trigger for more government action.
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The Anything-Goes Era in Private-Credit Lending Is Coming to an End
Under pressure from investors, lenders are increasing costs and curbing sweeteners they used to win loans in an era of ultra-competition.
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The IPO Market Is So Hot a 140-Year-Old Silver Mine Just Went Public
Billionaire Thomas Kaplan bought the bankrupt Idaho mine in 2010 and plans to restart production in 2028.
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U.S. Jobless Claims Rose Last Week
U.S. jobless claims rose to 225,000 last week, but the level was still within a range consistent with a healthy labor market.
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Iran Ratchets Up Pressure on Trump With Kuwait Airport Attack
The third strike on the tiny Gulf state in about a week escalated the standoff in the Strait of Hormuz to more sensitive targets.
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Canadian Government Plans $360 Million Tech Growth Fund in Effort to Drive Sovereign AI Industry
The fund, part of the Canadian government's new national artificial-intelligence strategy, aims to support promising AI companies.
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Blackstone Investors Ask to Pull $4.4 Billion From Private-Credit Fund
The fund capped client redemptions at 5%, an about-face from Blackstone's decision to pay out all requests earlier this year.
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Bitcoin's sagging price has crypto bears taking a victory lap. Why it's too soon to count it out.
While U.S. stocks have kept notching record highs, bitcoin is sliding to its weakest level in months.
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Commodities Trader Trafigura Warns of Tipping Point in Energy Markets
Trafigura said the Middle East conflict has thrown global commodity markets into turmoil, warning that markets are at an "inflection point" that could see prices move higher as supply tightens further.
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Oil Prices Fall as Trump Sets Red Lines for Iran Cease-Fire
Brent crude and WTI prices were edging down Thursday amid renewed confidence in the U.S.-Iran ceasefire.
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Challenger, Gray Says Tech Leads U.S. Layoff Plans
U.S.-based employers announced 97,006 job cuts in May with technology remaining the leading sector for staff reductions.
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Irish Economy Likely to Pull Eurozone Into Contraction
GDP was 12.1% smaller in the three months through March than it was in the previous quarter, according to Ireland's Central Statistics Office.
(END) Dow Jones Newswires
June 04, 2026 23:00 ET (03:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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