Wall St ends higher, boosted by tech gains, US-Iran peace hopes
By Stephen Culp and Medha
Singh
Mon June 1, 2026
Nvidia today announced a revolutionary new AI chip that will go into personal computers and transform the entire PC market. With that news, there was a dramatic flight out of industrials and into tech with the Dow sinking almost 300 points by 11 a.m. but then recovering to close with a modest gain. Both the Nasdaq and S&P were on a consistent upward slope with the Nasdaq gaining some 220 by 2 pm before losing about half of that by close. Ditto for the S&P.
