The Dow rallies while the Nasdaq lags as investors rotate out of tech into more defensive sectors 6/4/26

from Power Lunch · host CNBC

The Dow Jones Industrial Average rallied to a new all-time high while tech stocks underperformed, sparked by a sell-off in Broadcom. Brian Sullivan and Kelly Evans focused in on the state of semiconductors and questioned whether the tech trade is in trouble given the rotation away from chip stocks on Thursday. Meanwhile, Brian sat down for a one-on-one exclusive interview with Diamondback Energy CEO, Kaes Van't Hof, and the anchors were joined by Blumhouse Productions founder and CEO, Jason Blum, to discuss his films’ recent success at the box office. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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