U.S. Stocks Open Lower on Tuesday; HPE Surges 32% as It Lifts Forecast Past Original 2028 Goals on Robust AI Demand
Tiger Newspress06-02 21:30
The Dow Jones Industrial Average fell on Tuesday, with traders digesting a move to fresh all-time highs while monitoring the latest U.S.-Iran developments as well as moves in major tech names.
The blue-chip index lost 45 points, or 0.1%. The S&P 500 slipped 0.1%, the Nasdaq Composite shed 0.2%.
Hewlett Packard Enterprise posted record second-quarter results on Monday, prompting it to accelerate its long-term financial goals by two years, as expansion of AI data centers boosts demand, sending its shares up 32% in market trading.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
