Stock Market Today: June 9th - 13th, 2025

Welcome to the trading week of June 9th!

Dow rises more than 400 points on solid jobs report, S&P 500 touches 6,000: Live updates



Stocks jumped Friday after the latest nonfarm payrolls data came in better than expected, easing concern the economy faces an imminent slowdown.

The Dow Jones Industrial Average popped 443.13 points, or 1.05%, to close at 42,762.87. The blue-chip index was up more than 500 points at its highs of the session. The S&P 500 also gained 1.03% — surpassing the 6,000 level for the first time since late February — and settling at 6,000.36. The Nasdaq Composite rallied 1.20%, ending at 19,529.95.

The market’s move higher was supported by a more than 3% gain in Tesla. Shares of the electric vehicle maker weighed on the market Thursday, tumbling 14%, as CEO Elon Musk sparred with President Donald Trump on social media. Other major tech-related names such as Nvidia, Meta Platforms and Apple also ended the session higher.

U.S. payrolls climbed 139,000 in May, the Bureau of Labor Statistics reported Friday, above the Dow Jones forecast of 125,000 for the month but less than the downwardly revised 147,000 in April. The unemployment rate was unchanged at 4.2%.

“The nonfarm payrolls report came in better than expected,” Anthony Saglimbene, chief market strategist at Ameriprise, said in an interview with CNBC. “It’s showing that the labor market is holding up very well in spite of kind of some slowing growth trends.”

A series of data released earlier this week signaled a possible economic slowdown, raising questions about the impact of the multi-front tariff negotiations and the next steps for the Federal Reserve, which next meets to set interest rate policy on June 17-18.

On Thursday, unemployment claims for last week’s period came in higher than expected. That came a day after ADP reported that private sector payrolls saw a gain of just 37,000 in May, which substantially missed the Dow Jones estimate for 110,000. Activity in the U.S. services sector also weakened unexpectedly last month.

“There’s still some uncertainty about what the inflation impacts are going to be from the tariffs,” Saglimbene continued, adding that he expects tariff impacts to start showing up more in the economic data during the summer. “Markets are kind of holding judgment about what all this means for growth and profitability over the next couple quarters, so we’re kind of back to where we were in February.”

Trump has since offered some hope on trade, announcing later Friday that talks between the U.S. and China will take place next week in London.

The S&P 500 ended the session more than 2% below its February high. The broad market index, along with the other two major benchmarks, also posted notable gains for the week. The S&P 500 was up 1.5% on the week, and the Dow posted a 1.2% advance. The Nasdaq jumped 2.2% over the period.

This past week saw the following moves in the S&P:


S&P Sectors End of Week:


Major Indices End of Week:


Major Futures Markets End of Week:


Economic Calendar for the Week Ahead:

 

S&P Giants and Record Highs
Fri, Jun 6, 2025

Within the S&P 500, 32 stocks now have market caps of at least $250 billion. Of those, four have traded at all-time highs today. Microsoft (MSFT) is the largest of these with a market cap of roughly $3.5 trillion. As for the rest of the Magnificent Seven members, there's a variety of where they are trading relative to their respective all-time highs, with ones like NVIDIA (NVDA) within 5%, whereas Tesla (TSLA) and Apple (AAPL) are down over 20%. The two major payment processors, Visa (V) and Mastercard (MA), are the next two largest stocks at record highs, followed by Big Blue: IBM (IBM). While not closing out the week at a record, there's another four stocks that hit record highs this week, including Netflix (NFLX), Philip Morris (PM), Broadcom (AVG), and Palantir (PLTR).

While there are plenty of names with recent highs, three stocks trace their records to much longer ago. Bank of America (BAC) last traded at record highs way back in November 2006, and General Electric (GE) and Cisco (CSCO) have all-time highs from around 25 years ago. These three stocks are currently down double-digit percentages from those highs, but some are seeing interesting developments.



Below, we show the three aforementioned stocks with all-time highs dating back the furthest. General Electric (GE) and Cisco (CSCO) are both on the verge of long-term breakouts after moving above long term resistance in recent months. Those rallies mean the next resistance levels to watch are their early 2000s highs. As for BAC, price has come off the worst levels, but the highs from 2022 and this past spring would act as more tangible resistance before the 2006 all-time high comes into the picture.



The 50% Club Keeps Growing
Fri, Jun 6, 2025

As the S&P 500 flirts with closing 20% above its April 8th closing low, there have been several strong performers helping to drive the gains, and very few losers, with only 56 stocks in the index trading lower. While the rally has been broad, the largest stocks in the index have been driving the gains. Even as the index is up just over 20%, the average performance of the 500 individual companies has been four percentage points lower at 16.1%.

Of the S&P 500's biggest winners since 4/8 as of Friday afternoon, 19 stocks in the index have rallied 50% or more. A 50% rally over a year or two is incredible enough, but a surge of 50% in less than two months is rare, especially for a large-cap stock. The table below lists each of the stocks that have rallied 50%, and if there's one theme that immediately stands out, it's that Technology has been driving the surge. Eight of the 19 stocks listed are from the Technology sector, including three of the top four. The best-performing stock off the April low has been Seagate Technology (STX), which has nearly doubled. After Technology, the next most heavily represented sectors are Industrials and Utilities (yes, Utilities!) with three each.



Of the 56 stocks that are lower since April 8th, only 14 have declined by double-digit percentages. Leading the way to the downside, UnitedHealth (UNH) has plunged over 45%. Along with UNH, Humana (HUM) is down close to 20% and just two others are down over 15%. While Technology has been popular on the leader board, Health Care accounts for more than half (8) of the 14 biggest losers. Looking through the names listed, they're primarily defensive, so you wouldn't expect them to outperform during a period like the last two months, but double-digit declines? Someone get these stocks a doctor!

12 Amazing Facts About the Dow Jones Industrial Average on Its Birthday


We had a big birthday last week, as the Dow Jones Industrial Average turned 129 years young! It is the second oldest index (the Dow Jones Transportation Average is older) and was first calculated on May 26, 1896 by Charles Dow, co-founder of both the Wall Street Journal and Dow Jones & Company.

It started as 12 companies, representing the big parts of the economy at the time, like leather, steel, and sugar. It was meant to gauge the overall health of the industrial sector. Of course, today it is 30 of the largest publicly traded companies (as it has been since October 1928) and is still widely considered one of the most well-known and cited indices in the world, but it is also one of the best gauges for the overall health of the US economy.

Here are 12 fun stats to celebrate the big birthday:

• None of the original 12 are left. General Electric was the most recent of the 12 to be included, but was it removed October 2018. Another fun stat, it was removed two other times in 1898 and again 1901, for a total of three times.
• It started with 12 stocks, but moved to 20 in 1916 and 30 in 1928. To this day, many think 30 is still too small of a sample size, but it doesn’t look like this will change anytime soon.
• A committee at the S&P Dow Jones Indices picks the components and there isn’t a ridged process or formula.
• The best year ever? A cool 82% gain in 1915, which also happened to be in the middle of World War I.
• 1931 takes the cake for the worst year ever, down nearly 53%. The Great Depression sparked this weakness, as stocks eventually fell 86% from their peak in 1929.
• It is price weighted, meaning a stock with a higher price will have more impact on the daily change. For example, when UnitedHealth Group (UNH) had their recent troubles, this made the Dow returns look worse than it was under the surface or compared with market-weighted indexes like the S&P 500.
• Average is in the name, but it isn’t an average, it is an index.
• It was up a record nine years in a row in the 1990s.
• It fell 20.5% on December 14, 1914 as World War I broke out, but the worst day ever was the 22.6% crash on October 19, 1987, better known as the Crash of 1987 or Black Monday today.
• The Dow has gained double digits in one day nine times, with the most recent off the COVID lows on March 24, 2020. The best single day ever was a 15.3% gain on March 15, 1933. Ides of March indeed.
• The best part about the Dow is how much wealth it has created over generations for investors (if you were able to track the index). It started trading at 40.94 and recently peaked at more than 45,000. And that doesn’t even include dividends! Along the way there have been many worries and concerns, yet stocks have eventually moved higher every single time. Here’s our always popular Chart of Worries showing just this.

• Lastly, it closed at about 100 in 1906 and 1,000 in 1972. It took till 1999 to get over 10,000 and recently peaked above 45,000 in December. The fasted 1k interval ever was only five days from 32,000 to 33,000 in March 2021. Any bets on when it breaks 100k?

Congrats again to the Dow on an amazing run and to all the investors over the years who have benefited by sticking to their investment plans.

NASDAQ & Russell 2000 have fared best in post-election year Junes

Over the last 54 years June has favored NASDAQ ranking sixth best with a 1.0% average gain, up 31 of 54 years (since 1971). This contributes to NASDAQ’s “Best Eight Months” which ends in June. However, June ranks near the bottom on the Dow Jones Industrials just above September since 1950 with an average loss of 0.2%. S&P 500 performs similarly poorly, ranking ninth, but with a 0.2% average gain. Small caps have tended to fare better in June. Russell 2000 has averaged 0.8% in the month since 1979 advancing 63.0% of the time. During the bear market in 2022, Russell 1000 and 2000 suffered their worst June losses ever, dropping 8.5% and 8.4% respectively. S&P 500 and NASDAQ also declined by over 8% that year.

June is the second worst DJIA month in post-election years, averaging a 1.0% loss with a record of fourteen full month declines in eighteen years. For S&P 500, June is #9 with an average loss of 0.5% (7-11 record). Post-election year June ranks #8 for NASDAQ and #7 for Russell 2000 with average gains of 0.8% and 1.2% respectively.

No More Juice - The Rise and Fall of Orange Juice Futures
Tue, Jun 3, 2025

Over the past five years, orange juice futures have seen a wild ride, surging to record highs and then crashing just as dramatically. At the heart of it all has been a perfect storm of tightening supply and speculative hype.

Starting in 2020, the orange juice market began heating up. Florida's orange production was getting hammered by citrus greening disease, which is a long-standing bacterial infection caused by a bug that decimated groves across the state. On top of that, extreme weather events like hurricanes Ian (2022) and Milton (2024) only exacerbated an already weak supply backdrop. As supply dropped off, prices started creeping higher, and that’s when the financial players stepped in.



By 2022, hedge funds and other money managers began piling into orange juice futures. Prices, which historically hovered between $1 and $2 per pound, shot up, eventually peaking near $5.50 in December 2024 as OJ became one of the hottest trades in the agricultural commodities space. According to CFTC data, managed money had built up a near-record long position earlier in 2024, totaling about $260 million in speculative longs. These weren’t farmers or juice companies hedging their harvests, but instead mostly speculators betting on prices continuing to rise.

After OJ prices took the stairs up from 2022 to 2024, it took the elevator down to start 2025. Given the build-up in speculative positions, it didn't take much to spark a rush for the exits when Trump's tariff threats began earlier this year. Canada and Mexico are by far the two largest importers of US orange juice, and when President Trump began fighting with those two countries on trade at the start of his second term, OJ futures cratered from more than $5.25 in mid-December to less than $2.25 by April. The thin market in the commodity magnified the move, with relatively small volumes leading to outsized price swings. In the entire history of the Orange Juice futures contract, the four-month decline from the December high was the largest on record!



Domestic fundamentals for OJ remain shaky. The USDA forecasts a 25% drop in Valencia orange production this season in the US, with Florida’s output expected to be 38% smaller than last year’s. Greening disease continues to harm groves, and Florida’s citrus acreage keeps shrinking due to both infection and land development.

While the US supply picture looks bleak, the global story shifted in early 2025. As Florida’s production has collapsed nearly 90% since 2005, the US has leaned more heavily on imports, especially from Brazil and Mexico. In 2024, the US brought in over 400,000 metric tons of orange juice, the highest level in nearly a decade. Then, in early 2025, Brazil projected a massive crop rebound of 300 million boxes, up 30% from the previous year. Along with US tariff concerns, Brazil’s expected surge in supply also contributed to OJ's price drop.

So where do we go from here?

In the short term, orange juice futures have stabilized in the $2.75–$3.25 range. If the new Brazilian supply materializes, it would ease scarcity concerns and likely keep downward pressure on prices, especially with the U.S. relying heavily on imports. The effect could be even stronger if the Brazilian real stays weak, making exports to the US more attractive.

That said, there’s still a plausible bullish scenario. The National Hurricane Center is forecasting another above average season of tropical activity in the Atlantic, and if one of those storms were to hit Florida this year, or if greening disease worsens, supply could be disrupted again in both the US and Brazil, potentially pushing prices back above $4. And if inflationary pressures resurface, agricultural commodities could catch another bid from macro traders.

Ultimately, this market remains highly reactive. It doesn’t take much to move the needle when fundamentals are tight and speculative money is involved. If you’re trading orange juice futures, it’s less about slow and steady fundamentals and more about who’s in the trade, how fast they’re moving, and whether the supply narrative is tightening or loosening. For now, the squeeze is easing—but it wouldn’t take much to bring the juice back.

DJIA Up 10 of Last 12 Years on June’s First Trading Day

According to the Stock Trader’s Almanac 2025 (page 90), the first trading day of June is the fourth weakest first trading day of all twelve months with DJIA gaining just 418.77 total points since 1998. Over the past 30 years, DJIA’s first trading day of June has produced gains 70.0% of the time with an average gain of 0.04% in all years. Sizable losses in 2002, 2011 and 2012 limit overall performance. S&P 500 has advanced 63.3% of the time. NASDAQ has been slightly weaker at 56.7%. Russell 2000 has advanced 63.3% with the best average performance of 0.21%. Following three straight losses from 2010 to 2012, DJIA has advanced on 10 of the last 12 first trading days of June with an average gain of 0.25%.

 

Here are the percentage changes for the major indices for WTD, MTD, QTD & YTD in 2024-



S&P sectors for the past week-

 

Here are the current major indices pullback/correction levels from 52WK highs as of week ending 6.6.25-


Here is also the pullback/correction levels from current prices


Here are the current major indices rally levels from 52WK lows as of week ending 6.6.25-

 

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Here are the upcoming IPO's for this week-

 

Stock Market Analysis Video for June 6th, 2025
Video from AlphaTrends Brian Shannon


ShadowTrader Video Weekly 6/8/25
Video from ShadowTrader Peter Reznicek
(VIDEO NOT YET POSTED.)

 

StocksForumers! Come join us on our stock market competitions for this upcoming trading week ahead!-

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StocksForums Weekly Stock Picking Contest & SPX Sentiment Poll (6/9-6/13) <-- click there to cast your weekly market direction vote and stock picks for this coming week ahead!

Daily SPX Sentiment Poll for Monday (6/9) <-- click there to cast your daily market direction vote for this coming Monday ahead!

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It would be pretty sweet to see some of you join us and participate on these!

I hope you all have a fantastic weekend ahead!

 

And finally here is the most anticipated earnings calendar for this upcoming trading week ahead-
($ADBE $ORCL $GME $GTLB $CASY $CHWY $VSCO $PLAY $RH $ASO $UNFI $CVGW $GHM $DBI $LMNR $LAKE $AII $LOVE $VRA $SJM $SFIX $MNY $SAIL $CNM $ESTA $SKIL $HOFT $CMTL $OXM $MPAA $JILL $PETS $CRMT)


If you guys want to view the full earnings post please see this thread here-

• Most Anticipated Earnings Releases for the week beginning June 9th, 2025 <-- click there to view!

 

Top of the morning StocksForumers! Happy Monday to all of you and welcome to the new trading week and a frrrrrrrrrrrresh start. Here is a quick check on those futures as we are over an hour into the US cash market open.

GLTA on this Monday, June the 9th, 2025!

 

Here are today's economic calendar events:

 

Here are today's analyst stock upgrades & downgrades:

 

Here are this morning's pre-market earnings results:

 

Morning Lineup - 6/9/25 - Industrials Leading the Way
Mon, Jun 9, 2025

It's a generally quiet morning in markets ahead of what could be a busy day, depending on how a trifecta of potential catalysts play out. First, US-China trade talks will resume in London in London, and then we could also get an update from the Senate with its version of the reconciliation bill and what changes it made to the House's version. To round out the trifecta, Apple (AAPL) will be holding its annual Worldwide Developer Conference (WWDC). In last Wednesday's Chart of the Day, we looked at how the stock typically performs leading up to and after the conference, so make sure to check that out, if you haven't yet.

The S&P 500 closed above 6,000 for the first time since 2/21, and with a gain of just over 2%, it’s firmly back into positive territory for the year. Overall breadth on the year has also been strong as eight sectors are up YTD, and just three – Consumer Discretionary (-6.8%), Energy (-3.4%), and Health Care (-2.6%) are in the red. The only other sector that’s underperforming the S&P 500 this year is Technology (1.1%), and because it’s easily the largest sector, that’s why so many sectors are outperforming, including five sectors that are up over 5%. The best performing sector, though, is Industrials which finished last week up just shy of 10% for the year.



The technical picture for Industrials also looks positive. For about the last month now, the sector has been trading right around its highs from late last year, and while it was acting as resistance, just last Friday, it broke out to new highs just as the rising 50-DMA looks like it's on track to cross back above the 200-DMA. Late last year, we were positive on the Industrials sector given the trend of onshoring and less regulation in a second Trump administration, and that has, so far, played out this year.

 

Here is a final look at today's market and futures maps, as well as how each sector performed individually at the close on Monday, June 9th, 2025.

 

Top of the morning StocksForumers! Happy Tuesday to all of you and welcome to the new trading day and a frrrrrrrrrrrresh start. Here is a quick check on those futures as we are over an hour into the US cash market open.

GLTA on this Tuesday, June the 10th, 2025!

 

Here are today's economic calendar events:

 

Here are today's analyst stock upgrades & downgrades:

 

Here are this morning's pre-market earnings results:

 

Morning Lineup - 6/10/25 - The Negative Nine
Tue, Jun 10, 2025

We’re not sure if it’s the summer doldrums setting in early or that investors needed a breather after the craziness of the last several months, but for the second morning in a row, the action in futures has been quiet. This morning, S&P 500 futures have been moving on either side of the unchanged line while the Nasdaq is set to open slightly higher.

US and Chinese officials are in London again this morning for the second day of trade talks, and the economic calendar is quiet with NFIB Small Business Sentiment being today’s only report. That came in better than expected, rising from 95.8 to 98.8 in May. Overnight, in Asia, Australia and Japan were higher while Hong Kong and China declined.

When it comes to the mega-cap stocks in the S&P 500 with market caps of more than or around a trillion dollars, an increasingly evident trend is that the group no longer trades as a block, where each member’s performance is no longer in line with the others. This can be seen in the year-to-date performance of the nine stocks listed below. While the average performance of the nine stocks on a YTD basis is basically unchanged (-0.01%) and the median is a gain of 5.37%, the performance of each stock ranges from 18.5% (Meta Platforms-META) to a decline of 23.6% (Tesla–TSLA). Even over the last 12 months, while all nine stocks have experienced positive returns, the magnitude of the gains ranges from 4.3% for Apple (AAPL) to a gain of 69.6% for Broadcom (AVGO). Even with every stock trading higher, they have hardly traded in unison.



Where we have seen a group of stocks trade much more in unison is at the other end of the market cap scale. The table below shows the nine stocks in the S&P 500 with the smallest market caps and how each has performed YTD and over the last 12 months. On a YTD basis, all nine stocks are lower with an average decline of 20.7% (median: -19.35). Just as notable is that the range of returns has been much closer than the largest stocks in the S&P 500. Whereas more than 42 percentage points separates the best and worst performances of the nine largest stocks in the S&P 500, for the nine stocks with the smallest market caps, the spread is just 23 percentage points. So, while the rising tide hasn’t impacted each of the nine largest stocks equally, the nine smallest stocks have been weighed down by a more similar anchor.



In terms of performance, while there may have been some concerns over the performance of the mega-cap stocks in recent months, they’re still doing much better than the nine smallest stocks.



Even on a relative strength basis, the nine stocks with the smallest market caps in the S&P 500 have consistently underperformed. Earlier this month, they even made a new low relative to the mega caps.