US Stocks Post Mixed Results Overnight; Oil Falls 3.24% on Middle East Ceasefire

According to Jin10 Futures, U.S. equities posted mixed results overnight on June 4, with the Dow Jones rising 1.73% to 51,561.93 points—a new record high—and the S&P 500 gaining 0.41% to 7,584.31 points. However, the Nasdaq declined 0.09% to 26,830.96 points, pressured by a 12.59% plunge in Broadcom stock that sparked broader chip sector selling. The European markets advanced across the board, with Germany's DAX up 0.60%, France's CAC 40 up 1.15%, and the UK's FTSE 100 up 0.27%.

Commodities saw divergent moves. Gold futures rose 0.79% to $4,502.40 per ounce, while silver gained 0.58% to $74.12 per ounce. Crude oil declined sharply, with WTI falling 3.24% to $92.91 per barrel and Brent crude down 2.5% to $95.36 per barrel, as Israel and Lebanon reached a ceasefire agreement, erasing geopolitical risk premiums that had supported prices.