Stocks Slip at Midday on Fresh Geopolitical Tensions
On June 3, stocks fell midday due to rising geopolitical tensions and concerns over oil supply disruptions. The S&P 500 dropped nearly 0.6%, the Nasdaq Composite slipped almost 0.84%, and the Dow Jones Industrial Average declined by about 0.85%. Rising oil prices and potential Federal Reserve rate hikes are key factors affecting market sentiment.
Tickers: $MRVL $MU $NAVI $NVDA $ORCL