04
Jun
Stock Market News — June 04, 2026 — Morning Update (last 12 hours, Pacific Time)
Broadcom's $300 billion market-cap wipeout on AI chip disappointment dragged semiconductor peers lower, while healthcare stocks surged on upgrades to UnitedHealth and Eli Lilly. FINRA's elimination of the $25,000 Pattern Day Trader rule boosted retail brokers as IPO activity remained robust.
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