Technology stocks lead Wall Street to new highs.

The US stock market started June on a positive note, with the S&P 500 and Nasdaq continuing to set new record highs. The growth was driven by technology and AI, despite pressure from oil prices and geopolitical uncertainties in the Middle East.

Investors are optimistic about the growth prospects of the technology and AI sectors, helping key indices on Wall Street continue to reach new historical highs.

Trading on June 1st (US time) closed in positive territory across key indices on Wall Street, marking another historic high for the world's largest stock market. The main drivers continued to be large-cap technology stocks and companies benefiting from the wave of artificial intelligence (AI) development, as investors maintained confidence in the growth prospects of the US economy .

At the close of trading, the Dow Jones Industrial Average rose 46.48 points, or 0.09%, to 51,078.88. The S&P 500 gained 0.27% to a new record high of 7,599.96, while the Nasdaq Composite rose 0.42%, closing at 27,086.81, continuing to set new historical highs. In contrast to the general trend, the Russell 2000, representing small-cap companies, fell 0.5% to 2,905.76.

This was a notable gain for the US market, occurring amidst a sharp rise in global oil prices following recent developments in the Middle East. Brent crude oil prices at one point surged by more than 4% as investors worried that renewed fighting could increase risks to global energy supplies and threaten efforts to maintain regional stability.

Typically, a sharp rise in oil prices puts pressure on inflation, pushes up US government bond yields, and negatively impacts the stock market. However, in early week trading, Wall Street was largely unaffected by these factors. Instead, investors continued to focus on corporate earnings prospects and long-term growth opportunities from the rapidly unfolding AI revolution.

The market's focus continues to be on the technology sector. Leading companies in AI, cloud computing, and semiconductors remain the preferred destinations for investment. Investors expect that the demand for data center construction, computing infrastructure development, and the expansion of AI applications will continue to drive revenue and profit growth for technology companies in the coming quarters.

Among the standout stocks, Nvidia continued to attract attention, rising more than 6% in the session. This strong surge contributed significantly to the gains in the Nasdaq and S&P 500. Microsoft also recorded a gain of over 2% thanks to positive prospects from its AI and cloud computing businesses. Notably, IBM rose more than 7% after announcing positive signals regarding its technology business and AI development strategy.

Conversely, some large technology stocks like Apple and Amazon faced profit-taking pressure after their earlier strong gains. However, the correction was not significant and did not substantially affect the overall upward trend of the market.

According to experts, current developments indicate that capital continues to favor businesses capable of effectively leveraging the AI ​​trend. This is also the reason why the Nasdaq has been the best-performing index among the three major Wall Street indices since the beginning of the year.

Besides the AI ​​story, another positive factor is the spread of capital to many sectors outside of technology. In recent weeks, many stocks in the consumer, healthcare, and industrial sectors have also recorded positive performance. This shows that the market's upward momentum is based on a broader foundation instead of relying solely on a few large-cap stocks as in the previous period.

Since the beginning of 2026, the S&P 500 has risen approximately 11%, the Nasdaq over 16%, while the Dow Jones has gained over 6%. These figures reflect the remarkable resilience of the US stock market in the face of a series of challenges from the global economic and geopolitical environment.

Analysts believe that the upcoming second-quarter earnings season will be a crucial test for the current upward trend. If companies continue to maintain positive profit growth, especially in the technology, semiconductor, and AI sectors, the indices have the potential to set new historical milestones in the near future.

Additionally, investors are closely monitoring signals from the Federal Reserve (Fed). Inflation and labor market data expected in June will significantly impact expectations regarding the interest rate trajectory in the second half of the year. Any signs that inflationary pressures are easing could act as a catalyst supporting the stock market.

Overall, the trading session on June 1st continued to reflect the optimistic sentiment of investors regarding the outlook for the US economy. Despite still facing risks from energy prices and geopolitical tensions, the strength of the technology sector and expectations of corporate earnings growth are helping Wall Street maintain its upward momentum, while continuously setting new records in global stock markets.

Source: https://thoibaonganhang.vn/co-phieu-cong-nghe-dan-dat-pho-wall-len-dinh-cao-moi-182886.html