Business

US stocks close lower following broad market sell-off

Jun 04, 2026

New York [US], June 4: Wall Street's main indexes closed lower on Wednesday as investors pulled back from equities amid heightened geopolitical tensions and rising commodity prices.
The benchmark S&P 500 index shed 54.11 points, or 0.74%, to finish at 7,555.67. The tech-heavy Nasdaq Composite Index declined by 230.97 points, or 0.85%, to close at 26,862.93, while the Dow Jones Industrial Average dropped 581.84 points, or 1.13%, to end the trading session at 51,076.85.
Source: Emirates News Agency

More news

Ramaiah Institute of Science and Management and University at Albany Announce Landmark Collaboration to Redefine Higher Education in India

Bengaluru (Karnataka) [India], June 4: Ramaiah Institute of Science and Management (RISM), in collaboration with the University at Albany (State University of New York), today held a high-level Curtain Raiser convening leaders from academia, industry, research and technology to outline a shared vision for reimagining higher education in India. Framed as a strategic forum, the event set out RISM's institutional roadmap to close systemic gaps between learning, capability and measurable societal impact through interdisciplinary education, AI-enabled pedagogy and translational research.

Jun 04, 2026