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Victoria’s Secret Stock Rises 47% While AI Fuels Nine-Day Winning Streak | Closing Bell
Posted
June 2, 2026
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731
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June 2, 2026
731
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10:23Now PlayingWatch comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
A revival of the artificial-intelligence trade kept driving Wall Street momentum, with stocks also rising on hopes for an agreement that would end the war that has roiled financial markets around the world.
Tech shares led equities to record highs, with the S&P 500 topping 7,600. The index notched a nine-day winning run, the longest since May 2025. A gauge of chipmakers rose nearly 6%. Marvell Technology Inc. soared 33% as Nvidia Corp.’s Jensen Huang predicted the firm will hit $1 trillion in value. Hewlett Packard Enterprise Co. jumped after raising its AI-fueled sales forecast.
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