U.S. Stocks Rally Overnight as Dow Jones Surges 1.73% to Record High; Nasdaq Recovers from 1% Drop

According to BlockBeats, overnight on June 5, U.S. stock indices rallied with the Dow Jones jumping 1.73% to a record high. The Nasdaq, which dipped over 1% during the session, recovered as investors executed "buy the dip" strategies at the close.

Among major stocks, Broadcom fell over 12% following disappointing AI guidance, while Nvidia gained nearly 2% and Marvell (ticker: MRVL) rose 4.89%. Google led the "Magnificent Seven" tech stocks with a 3.68% gain. In the CPO (co-packaged optics) sector, AAOI surged 10.16% at close but dropped 3.41% after-hours following executive stock sale filings. Meanwhile, Bitcoin held above $63,000, trading sideways as traders awaited directional cues.