The Dow Jones Industrial Average (^DJI) was up 228.91 (0.45%) points today, closing at a record 51,307.79. Dow Futures (YM=F) also rose 284.00 (0.56%) to 51,418.00. The primary narrative for Tuesday, June 2nd, 2026, was a surprisingly robust ISM Manufacturing Report, which signaled industrial expansion and boosted cyclical sentiment. This economic data provided a tailwind for the blue-chip index, even as high-interest-rate concerns weighed on the enterprise software and retail sectors.
3M (MMM) was the top performer, surging 3.70% to $148.62 following improved industrial guidance. Nvidia (NVDA) gained 1.77% to reach $225.01 as global demand for AI infrastructure remains high. Other notable gainers included Johnson & Johnson (JNJ), up 1.61% to $227.63, Cisco Systems (CSCO), rising 1.33% to $100.48, and UnitedHealth Group (UNH), which added 1.00% to close at $399.64.
Conversely, IBM (IBM) was the session's biggest laggard, dropping 2.42% to $213.40 after a cautious outlook on corporate IT spending. Home Depot (HD) fell 2.14% to $303.85 as housing market data cooled. Salesforce (CRM) and Microsoft (MSFT) also struggled, declining 1.64% and 0.95% respectively. Other laggards included Sherwin-Williams (SHW), down 1.36%, and Caterpillar (CAT), which slipped 1.22% to $901.99 despite the broader manufacturing optimism.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.