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Stocks struggle after Broadcom dive; oil drops off highs
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- Stocks struggle after Broadcom dive; oil drops off highs By Marc Jones Thu, June 4, 2026 at 7:50 PM GMT+7 4 min read AVGO CL=F By Marc Jones
- LONDON, June 4 (Reuters) - World stocks were facing a second straight day of falls on Thursday as a glitch in the AI rally and renewed fighting between the U.S.
- South Korea s stock market had fallen as much as 2.6% in Asia, while Japan s Nikkei 225, Hong Kong and Taiwan all ended between 1.4% and 1.7% lower following Wednesday s after-hours 13% plunge in Broadcom s stock. [.N]
Stocks struggle after Broadcom dive; oil drops off highs By Marc Jones Thu, June 4, 2026 at 7:50 PM GMT+7 4 min read AVGO CL=F By Marc Jones
LONDON, June 4 (Reuters) - World stocks were facing a second straight day of falls on Thursday as a glitch in the AI rally and renewed fighting between the U.S. and Iran dampened the mood, while oil prices eased after Israel and Lebanon agreed a ceasefire.
Europe s bourses were mostly going sideways as both crude and bond yields dipped, but Wall Street futures were pointing lower after a dive in AI chipmaker Broadcom s shares and a difficult day for other tech-heavy indexes.
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