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Home/News Feed/S&P 500 hits record high; HP Enterprise and Marvell stocks soar; Trump discusses Iran talks; Macy's beats sales forecasts; AI regulation advances.
HPE
$47.13
-$0.27 -0.57%

S&P 500 hits record high; HP Enterprise and Marvell stocks soar; Trump discusses Iran talks; Macy's beats sales forecasts; AI regulation advances.

Market News
03 Jun 2026
CNBC
View Source
Neutral
pluang ai news

The S&P 500 reached a new all-time closing high above 7,600 for the sixth consecutive day, driven by strong gains in Hewlett Packard Enterprise and Marvell shares, which posted their best single-day increases ever. President Trump commented on ongoing Iran nuclear negotiations, denying reports of stalled talks and suggesting the U.S. blockade may end soon. Macy's reported its strongest first-quarter comparable sales in four years, raising its full-year forecast, while Ulta also beat earnings expectations. Additionally, Trump signed an executive order urging AI companies to share their models with the government before public release to assess risks amid rapid AI development.

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