Oil Holds Gains, US Futures Slip on War Confusion: Markets Wrap - Bloomberg.com

XLinkedInEmailLinkGiftDiesel Inventories May Reach Critical Levels by August, Goldman’s Struyven SaysSource: BloombergFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Rita NazarethJune 1, 2026 at 10:12 PM UTCUpdated on June 2, 2026 at 8:09 PM UTCBookmarkSaveA revival of the artificial-intelligence trade kept driving Wall Street momentum, with stocks also rising on hopes for an agreement that would end the war that has roiled financial markets around the world. Tech shares led equities to record highs, with the S&P 500 topping 7,600. The index notched a nine-day winning run, the longest since May 2025. A gauge of chipmakers rose nearly 6%. Marvell Technology Inc. soared 33% as Nvidia Corp.’s Jensen Huang predicted the firm will hit $1 trillion in value. Hewlett Packard Enterprise Co. jumped after raising its AI-fueled sales forecast.