Dow jumps 800 points, Nasdaq lags as investors rotate out of chip stocks for banks, retail
Lead: On Thursday, June 3, 2026, U.S. markets swung sharply as the Dow surged roughly 800 points while the Nasdaq underperformed amid a visible rotation from semiconductor names into banks and retailers. Traders cited mixed corporate results, guidance, and sector reweighting as triggers, even as geopolitical tensions kept energy prices elevated. The move lifted small-cap … Read more