Dow jumps 700 points, but AI stock selloff drags Nasdaq lower
US stocks opened sharply divided on Thursday, June 4, as a steep selloff in semiconductor shares weighed on technology stocks, while investors rotated into other sectors, lifting the Dow Jones Industrial Average by more than 500 points in early trade. The Dow Jones Industrial Average surged over 1.5%, gaining more than 700 points, while the…
