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Stock Market 4 June 2026 - 5 June 2026

After The Bell: Dow Hits Record As Oil Slides, But Broadcom Sends A Warning On AI

After The Bell: Dow Hits Record As Oil Slides, But Broadcom Sends A Warning On AI

Wall Street rose on Thursday, and the Dow Jones Industrial Average touched a record high, as easing oil prices and hopes for progress toward ending the Iran war pulled buyers into healthcare and financial shares. The Dow rose 809.88 points, or 1.60%, to 51,496.83, the S&P 500 gained 39.74 points, or 0.53%, to 7,593.42, and the Nasdaq Composite added 60.69 points, or 0.23%, to 26,915.12; Oliver Pursche, senior vice president at Wealthspire Advisors, called the chip move “rational exuberance” after Broadcom fell while Nvidia and Taiwan Semiconductor rose.
4 June 2026
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Stock Market Today

  • Signet (SIG) slides before earnings, lags sector and S&P 500
    July 8, 2026, 8:02 PM EDT. Shares of Signet (SIG) finished at $47.94, down 1.6% on the day, falling harder than the S&P 500, which lost 1.22%. SIG is off 15.9% for the month, while the broader Retail-Wholesale group is down 4.52% and the S&P 500 is down 2.31%. Looking ahead to March 19, 2025, analysts see Signet earnings per share coming down 5.05% to $6.39, with revenue set to drop 6.71% to $2.33 billion. The stock holds a Zacks Rank #4 (Sell). No analysts have raised their EPS estimates recently. SIG trades at 5.47 times forward earnings, well below the industry average of 14.23. Its PEG sits at 3.09 compared with 4.07 across the industry, a sign of where growth expectations stand. The Retail-Jewelry group is ranked in the industry's bottom 36% out of more than 250 sectors tracked, pointing to weakness in the sector. Analysts' views and next earnings report are worth watching.
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