US Stock Market Today Live: Dow Jones Falls 350 Points, Nasdaq & S&P 500 Edge Lower as Oil Surges Near $95 on UDS-Iran Tensions; Gold & Silver Drop, Bitcoin Retreats $67k | What Investors Should Watch

U.S. Stock Market Today: Dow falls -0.66% points, S&P (-0.41%) and Nasdaq (-0.62%) after Trump’s Iran speech, tech stocks sank and Brent crude oil climbs Near $95 per barrel. Gold and silver attempt recovery from lows, while Bitcoin Surges at $66,726. What investors should watch next.

By: Amreen Ahmad
Last Updated: June 3, 2026 20:53:10 IST

US Stock Market Today LIVE: US equities ended lower on Wednesday as rising crude oil prices and climbing Treasury yields pressured risk sentiment across Wall Street while the Dow Jones slipped over 200 points intraday, while the S&P 500 and Nasdaq hovered near flat levels, reflecting a market balancing strong macro data against geopolitical uncertainty tied to the US–Iran conflict and energy supply risks.

U.S. Market Snapshot

Index Level Change % Change
Dow Jones 50,969 -338 -0.66%
Nasdaq Composite 26,925 -168 -0.62%
S&P 500 7,578 -31 -0.41%
NYSE Composite ~19,250 -0.5% Mixed

Dow Jones

  • Dow Jones Industrialist Fell nearly 338 points (-0.66%)
  • Heavy losses in IBM (-6.49%) and Salesforce (-3.86%)
  • Gains in Intel (+3.4%) and Walmart (+2.9%)
  • Energy stocks like Chevron offered partial support

Nasdaq

  • Nasdaq Dropped 168 points (-0.62%)
  • AI stocks under pressure: Nvidia (-3.3%) and Microsoft (-3.1%)
  • Semiconductor strength led by Intel and Qualcomm
  • Tech weakness driven by valuation concerns and rising yields

S&P 500

  • S&P 500 Fell 0.41%
  • Defensive sectors like healthcare and retail showed resilience
  • Losers led by Oracle (-5.5%) and ServiceNow (-4.8%)
  • Gains in Medtronic (+5%) and Meta (+3.2%)

NYSE

  • Broader exchange remained volatile
  • Energy and industrial stocks slightly positive
  • Financials under pressure due to rising bond yields

What is Happening in the US Stock Market Today?

  • Rising crude oil near $95–$97 per barrel
  • US 10-year yield approaching 4.5%
  • Ongoing geopolitical tension in the Middle East
  • Strong labor data reinforcing rate-hike expectations

US stocks slipped at the open after hitting record highs, with Dow Jones down about 200–400 points (-0.4% to -0.8%). S&P 500 stayed flat near 7,600, while Nasdaq was little changed as rising oil near $95–97 per barrel and higher Treasury yields around 4.5% pressured sentiment across Wall Street today globally.

Strait of Hormuz Likely to Reopen in June

The Strait of Hormuz is expected to potentially reopen in June, according to JPMorgan, as sustained oil inventory drawdowns and global supply pressure build. The waterway handles nearly 20% of global crude trade and any reopening could stabilize Brent prices near the $95–97 per barrel range while easing geopolitical risk premiums.

US Moves to Impose New Tariffs on 60 Economies Over Forced Labor Allegations

The US Trade Representative has proposed tariffs on 60 economies, citing insufficient action against forced labor practices and the planned duties range from 10% to 12.5%, according to official filings. The proposal enters a public review phase as Washington seeks to rebuild its trade policy framework after recent legal challenges, potentially reopening global trade tensions.

Marvell Tech Leads Chip Stocks Rise

Marvell Technology led gains in semiconductor stocks after strong demand expectations from AI infrastructure and data-center expansion. The stock rose around 2–4% intraday, lifting peers like Qualcomm and Applied Materials while the rally reflects renewed optimism in chip demand despite broader market pressure from rising yields and oil-driven inflation concerns.

Uber Restructures HR Arm Under New Leadership, Tightens Workforce Efficiency

Uber is cutting 23% of its People & Places division, impacting HR, recruitment and workplace teams, as part of a wider restructuring led by President Jill Hazelbaker. The move affects less than 1% of total global staff, while the company continues hiring in growth areas like robotaxis and automation, alongside a 3-day office return policy.

US Job Openings Climbed to 7.6 Million

US job openings rose to 7.6 million in April, showing continued labor market strength despite economic uncertainty linked to inflation and geopolitical tensions. The higher than expected figure signals resilient demand for workers, but also supports expectations that the Federal Reserve may keep interest rates elevated for longer.

U.S. Dollar & Treasury Yields Rise

  • 10-year yield near 4.5%
  • 30-year yield approaching 5%
  • Strong ADP payroll data pushed yields higher
  • Dollar strength added pressure on commodities and equities

Brent Crude Extends Losses Beyond 5%

  • Brent around $95–$97 per barrel
  • West Texas Intermediate near $95
  • Volatility driven by Hormuz reopening expectations
  • Energy market remains geopolitically sensitive

How Did Oil Prices Crash & Boost the US Stock Market Today?

  • Earlier optimism on Hormuz reopening eased supply fears
  • Short-term profit booking after oil spike
  • Inflation expectations cooled slightly in early trade
  • Energy sector rotation supported select indices
  • Lower oil improves corporate margin outlook

Gold & Silver Prices

  • Gold fell to around $4,463/oz globally
  • India gold prices dropped near ₹1.59 lakh per 10g
  • Silver slipped to $74–75/oz range
  • Strong dollar and higher yields pressured bullion

Gold prices declined as rising crude oil pushed inflation expectations higher, strengthening bets that the Federal Reserve may keep interest rates elevated. Spot gold slipped around 0.5% to $4,460–$4,470 per ounce, while India prices fell near ₹1.59 lakh per 10g, pressured by a stronger dollar and higher bond yields.

Bitcoin & Crypto Stocks Shoot Higher

  • Bitcoin: $66,726 (-0.34%)
  • Range: $65,385 – $67,821
  • Crypto equities saw selective strength
  • Volatility remains tied to risk sentiment
  • Copper rose on tariff uncertainty and supply tightness
  • Industrial metals supported by global demand recovery hopes

KEY STATS

  • Open: 67,206.78
  • Day High: 67,821.89
  • Day Low: 65,385.00
  • Prev Close: 66,956.63

MCX Gold

MCX Gold fell nearly 4% in two weeks, pressured by a stronger US dollar and weak rupee while the August contract is near ₹1,59,300, with key support at ₹1,57,380 (20-week EMA) and overall trend remains mildly bearish with resistance at ₹1,63,650–1,69,000.

MCX Silver

Silver is moving in a range of ₹2,61,000–₹2,77,400, showing relative stability versus gold. The Gold-Silver ratio stays near 59–60, suggesting sideways momentum unless a breakout occurs while support lies at ₹2,61,000–2,49,300, resistance at ₹2,77,400–2,99,000.

MCX Crude Oil

Crude oil rebounded about 10% from lows near ₹8,205, now trading around ₹9,075 and momentum is improving, but resistance is seen at ₹9,230–9,600. A breakout above this zone could push prices toward ₹10,100, while support remains near ₹8,200–7,840.

What Investors Should Watch Next

  • US inflation data (CPI & PCE trends)
  • Federal Reserve commentary on interest rates
  • Iran–US geopolitical developments
  • Oil price movement near $100 threshold
  • Treasury yield direction (4.5% key level)

Top Gainers Today

  • Intel (+3–6%) – semiconductor rebound
  • Walmart (+2.9%) – defensive strength
  • Meta (+3.2%) – tech recovery
  • Caterpillar (+2.8%) – industrial demand
  • Medtronic (+5%) – healthcare strength

Top Losers Today

  • IBM (-6.4%) – earnings pressure
  • Oracle (-5.5%) – tech correction
  • ServiceNow (-4.8%) – valuation concerns
  • Nvidia (-3.3%) – AI profit booking
  • Microsoft (-3.1%) – tech rotation weakness

FAQ’s

Q1: Why did US stocks fall today?

Rising oil prices and Treasury yields increased inflation concerns and leading to broad market weakness.

Q2: Which sector was most affected?

Technology stocks, especially AI leaders like Nvidia and Microsoft, saw the sharpest declines.

Q3: How did oil impact the market?

Higher crude prices raised inflation expectations, pressuring equities and boosting yields.

Q4: Is the US economy still strong?

Yes, job openings remain high at 7.6 million, showing labor market resilience.

Q5: What should investors watch next?

Inflation data, Fed policy signals and geopolitical developments around Iran and oil supply.

Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice. The Sunday Guardian suggests that readers consult with a certified financial advisor before making any investment or money-related decisions. The stock market involves significant risk.

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