# Wall Street's main indexes opened lower on Tuesday after hitting a series of record highs.

*business · news · 2026-06-02 · MarketScreener*

## Key points

- Hewlett Packard Enterprise reported significantly better-than-expected financial results.
- Alphabet announced a new funding commitment explicitly tied to the AI buildout.
- Major U.S. stock indexes opened lower after previously reaching record highs.
- Investor confidence in AI infrastructure is being reinforced by recent corporate actions.

June 2 (Reuters) - Wall Street's main indexes opened lower on Tuesday after hitting a series of record highs, while blowout results from Hewlett Packard Enterprise and a funding commitment from Alphabet underscored investor confidence in the AI buildout. The Dow Jones Industrial Average fell 166.0 points, or 0.33%, at the open to 50,912.84. The S&P 500 fell 4.6 points, or 0.06%, at the open to 7,595.4, while the Nasdaq Composite dropped 56.7 points, or 0.21%, to 27,030.072 at the opening bell. (Reporting by Medha Singh in Bengaluru; Editing by Devika Syamnath)

**Companies:** Alphabet, Hewlett Packard Enterprise
**Countries:** United States

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