U.S. Stock Market Opens Lower, Meta Platforms Hits All-Time High

BlockBeats News, June 2nd, according to Bitget market data, the U.S. stock market opened with the Dow Jones down 0.4%, the S&P 500 index down 0.18%, and the Nasdaq down 0.2%.

NVIDIA (NVDA.O) is up 0.6%, and NVIDIA's Spectrum-X Ethernet Silicon Photonics Technology has been in full production. Marvell Technology Group (MRVL.O) is up 20%, with the stock price hitting a record high. Huang Renxun is optimistic that it will be the next trillion-dollar company.

Broadcom (AVGO.O) is up 5%, with Morgan Stanley maintaining a buy rating and raising the target price. STMicroelectronics is up 10%, and the company has announced an increase in the full-year revenue target for its data center business.