The Nasdaq 100 slipped while the Dow Jones rallied more than 800 points.

The Nasdaq 100 slipped while the Dow Jones rallied more than 800 points on defensive and financial leadership, leaving the S&P 500 slightly above the flatline by midday. On the Middle East front, hopes that an Israel-Lebanon ceasefire could clear the path to a broader Iran deal pulled crude lower. West Texas Intermediate crude fell about 3.3% to roughly $92.87 a barrel, while Brent slid 2.8% to near $95.06. The retreat in energy prices offered relief to Treasuries even as traders kept one eye on Friday’s May payrolls report. The S&P 500 added 0.2% to 7,568.56, while the Dow Jones Industrial Average advanced 863 points, or 1.7%, to 51,550.63. The Nasdaq 100 fell 0.7% to 30,355.45, weighed down by the chip complex. Broadcom Inc. cratered nearly 15% despite topping estimates with adjusted earnings of $2.44 per share, as its AI-chip revenue outlook fell short of the market’s lofty expectations. Gold drew safe-haven and weaker-dollar support, rising 1.0% to about $4,477 an ounce. Bitcoin (CRYPTO: BTC) fell for the fifth straight session, down by 0.6%. The biggest cryptocurrency hit an intraday low at $61,310, marking the lowest levels since February 6, 2026. Thursday’s Performance In Major US Indices According to the Benzinga Pro platform: Chip Stocks Stumble, While Defensives Shine Micron Technology Inc. (NASDAQ:MU) slumped over 6% – the company’s worst session since late March. Thursday’s Russell 1000 Top Gainers Thursday’s Russell 1000 Top Losers

Physicists at the University of Oxford show they can assemble Schrödinger’s cat-like superpositions from far more exotic quantum ingredients.

Selection marks the next phase of construction on Micron’s New York project, expected to generate 50,000 jobs.

OneAdvanced has launched what it bills as the UK’s first private, sovereign healthcare large language model trained on NHS primary-care data.