Morgans AM
Morgans AM
Morgans Financial Limited
Thursday, 4 June 2026: Five Session Stretch Broken as US Markets Retreat
7 minutes Posted Jun 3, 2026 at 11:42 pm.
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US equity markets retreated, breaking a five session stretch of record closing highs for the three benchmark indices as oil prices and bond yields climbed. Dow was down 621 points or 1.2%. IBM down 7.2% to be the worst performer in the 30 stock index. Honeywell and Salesforce both fell 5.1%, while all of American Express, Boeing, Microsoft, and Nvidia fell over 3%. On the upside, Amgen and Walmart both gained over 3%. US Central Command, or CENTCOM, said that Iranian drones unsuccessfully attempted to attack American forces in Kuwait.