CNBC Daily Open: Chips are down — but not for the Dow

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Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC's Daily Open. Wall Street had a strong session overnight — if you squint past the Nasdaq. The Dow hit an all-time high and oil cooled on optimism that the Iran war was nearing its end. Chip stocks, however, stumbled; bitcoin is hovering at its weakest since the war began, private credit is throwing off sparks again — and a flesh-eating parasite has turned up in Texas. As Wall Street is throwing a rocket-

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CNBC Daily Open: Chips are down — but not for the Dow https://www.cnbc.com - 05.06.2026 01:34

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CNBC Daily Open: Chips are down — but not for the Dow https://www.cnbc.com - 05.06.2026 01:34