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U.S. stock market overview on the 29th: Dow jumps 363 points, hits record high for consecutive days

Mon Jun 1, 2026 8:13 am JST Market

On Friday, the Dow Jones Industrial Average rose 363.49 points to close at 51,032.46, extending its winning streak to a third straight session and hitting a fresh record high. Growing expectations for an extended ceasefire agreement between the United States and Iran boosted investor risk appetite. The Nasdaq Composite Index also hit a fresh record high.

IBM and Salesforce Inc. surged, while HP and Dell Technologies Inc. jumped. Conversely, Johnson & Johnson traded lower, and Gap Inc. and American Eagle Outfitters Inc. ground lower.

The Nasdaq Composite Index gained 55.14 points to end at 26,972.62, marking a seventh consecutive session of modest gains. Microsoft Corp. , Broadcom Inc. , and Micron Technology attracted buying, while NetApp Inc. and Super Micro Computer Inc. posted substantial gains. In contrast, NVIDIA and Alphabet Inc. languished, while Walmart Inc. shares edged lower.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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