BUSINESSJun 2 · 13:46 UTCWPLG LOCAL 10 MIAMIBy STAN CHOE, Associated Press

Wall Street's record-breaking rally slows as Alphabet drags on the market

Alphabet's 4% drop due to a $80 billion stock sale to fund AI investments is slowing Wall Street's record-breaking rally, with the S&P 500 down 0.1% and the Nasdaq falling 0.3%. Meanwhile, companies like Hewlett Packard Enterprises and Generac saw gains amid rising AI demand.

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AlphabetorganizationS&P 500topicDow Jones Industrial AverageorganizationNasdaq CompositetopicHewlett Packard EnterprisesorganizationGeneracorganizationBroadcomorganizationartificial-intelligence technologytopic

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