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What I Am Reading

Thursday, June 4, 2026

Markets

Dow jumps 900 points, Nasdaq slides as investors rotate out of chip stocks for banks, retailCNBC
European stocks gain, Wall Street mixed as Broadcom drags tech; oil dipsReuters
U.S. Stocks Mixed as Weakness in Tech Sector Hits NasdaqWall Street Journal
Emerging-Market Stocks Fall as Broadcom Miss Disrupts AI TradeBloomberg

Credit

Treasuries Rise as Oil Signals Optimism on Iran Peace AccordBloomberg
Blackstone Investors Ask to Pull $4.4 Billion From Private-Credit FundWall Street Journal
Blackstone caps withdrawals from flagship private credit fundFinancial Times

Commodities

US

Europe

Britain plays down concern on India trade deal, hints at implementation delayReuters

China

China Memory-Chip Maker CXMT Clears Shanghai Listing ReviewWall Street Journal
Why China's Critical Minerals Strategy Leaves The US BehindForbes

AI

Trade

Beyond Markets

Soaring stocks created 2 million new millionaires around the world last yearCNBC

US ISM Services PMI (May 2026)

Source:Institute for Supply Management