Key Takeaways The S&P 500 jumped 1.2% on Wednesday, June 5, 2024, as a slowdown in hiring by private employers increased rate-cut optimism and tech stocks outperformed. Hewlett Packard Enterprise shares surged to a record high after the IT firm raised its guidance, citing strong demand for AI servers. Shares of Brown-Forman tumbled after the alcoholic beverage maker missed quarterly estimates amid slumping demand for Jack Daniel's Tennessee Whiskey. Major U.S. equities indexes jumped higher as a report show ...