A double-digit plunge in Broadcom on disappointment around its earnings clipped the tech market today, but consumer stocks rose as oil and yields dipped. Jobs data looms Friday.

Investors are rotating out of chips stocks, triggered by a sell-off in Broadcom, while the Dow Jones Industrial Average rallies to fresh all-time highs.

Liz Ann Sonders shares her perspective on the U.S. stock market and economy in this monthly Market Snapshot video.

Markets could enter a holding pattern as participants consolidate before Friday's nonfarm payrolls report. Yields threatened 4.5% and oil threatens $100 as war jitters continue.

As the S&P digests the possibility of an end to the war with Iran through a house vote and final negotiations, CBOE Volatility Index Futures (/VX) sit in a long-term supportive range.

Learn what's in store for the remainder of 2026 and the challenges that lie ahead in our mid-year outlook for U.S. stocks and the economy.

The ADP report on May jobs growth is due before the open, while chip giant Broadcom reports after the close. Stocks keep posting record highs, and breadth improved Tuesday.

Tech led a narrow rally to new record highs to start the week, and investors now wait for earnings from Palo Alto Networks today and Broadcom tomorrow. Job openings data also loom.

While jobs data is prevalent in coming days, earnings from chip giant Broadcom on Wednesday keep tech in focus, too. Nonfarm payrolls loom Friday, and Nvidia's Huang speaks today.