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Market Watch

Market Watch — Jun 9 2026

Market Watch — June 9 2026
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Market Watch — June 9 2026

Daily markets briefing: equities, commodities & currencies

📈 S&P 5005,847 +0.31%
📊 Nasdaq18,942 +0.48%
🏛️ Dow43,218 +0.22%
💰 Gold$3,489/oz
🛢️ WTI Crude$69.12
💱 USD/JPY150.08

🔑 Fed’s Williams: “Gradual approach is the right path for monetary policy as we assess incoming data”
Federal Reserve Bank of New York President John Williams signaled patience on rate cuts, citing resilient labor market and elevated inflation expectations.
📊 U.S. CPI +0.2% MoM vs +0.3% expected — BEAT
Consumer prices rose less than forecast in May, offering relief on inflation. Core CPI stable at +0.2%. Annual headline CPI slowed to +2.9%.
🏭 ISM Services PMI 53.8 vs 52.6 expected — BEAT
Service sector expanded at a faster pace in May. New orders and employment sub-indexes both improved, offsetting concerns from the manufacturing sector.
🇪🇺 ECB Holds Rates; Lagarde Warns of Trade War Risks
European Central Bank kept rates steady. President Christine Lagarde cautioned that U.S. tariff escalation poses downside risk to eurozone growth outlook.
📦 China Trade Surplus $84.7B — Exports Beat Despite Tariffs
Chinese exports rose 7.6% YoY in May, handily beating expectations. Imports unexpectedly fell 1.9%, suggesting soft domestic demand.

Sources: Federal Reserve, U.S. Bureau of Labor Statistics, ISM, ECB, China Customs. Data as of 8:00 AM ET.

Published by Media Hook • mhook.net