US STOCKS SNAPSHOT-S&P 500, Nasdaq slide at open as Broadcom revenue miss dents chip stocks

Dow Jones Industrial Average
S&P 500 index
NASDAQ

Dow Jones Industrial Average

DJI

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S&P 500 index

SPX

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NASDAQ

IXIC

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June 4 (Reuters) - The S&P 500 and the Nasdaq dropped at the open on Thursday, as Broadcom's revenue miss pressured chip stocks, while equity investors took a breather after a strong rally to record highs.

The Dow Jones Industrial Average .DJI rose 299.0 points, or 0.59%, at the open to 50,986.1. The S&P 500 .SPX fell 37.1 points, or 0.49%, at the open to 7,516.54​, while the Nasdaq Composite .IXIC dropped 274.7 points, or 1.02%, to 26,579.297 at the opening bell.


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