empty
 
 
pk
سپورٹ
فوری اکاونٹ کھولیں
تجارتی پلیٹ فارم
رقم جمع کروانا / نکلوانا

09.06.202608:33 Forex Analysis & Reviews: Stock market on June 9: S&P 500 and NASDAQ slightly recover

Relevance up to 02:00 2026-06-10 UTC--4

Yesterday, US equity indices finished mixed. The S&P 500 rose by 0.30%, and the Nasdaq 100 gained 0.86%. The Dow Jones Industrial Average fell by 0.16%.

Exchange Rates 09.06.2026 analysis

All this suggests that markets are bouncing back after one of the worst sessions since March. The MSCI Asia Pacific index gained almost 2%, and South Korea's KOSPI popped more than 5% — SK Hynix jumped by 11% after Monday's 10% decline. Buyers who fled late last week returned to the market.

There were several reasons for the recovery. Iran and Israel agreed to temper reciprocal strikes after a flare-up of violence that threatened to derail the peace talks. US President Donald Trump called for de-escalation and, this time, was heeded. Brent eased by nearly 1% to settle at about $93.40. Weekend traffic through the Strait of Hormuz picked up slightly, although some vessels transited with transponders switched off, which underscores remaining risks.

The tech sector received additional catalysts. SpaceX's IPO was heavily oversubscribed. Nvidia and SK Hynix announced a joint chip-development agreement. Apple is preparing an AI-based device reboot. OpenAI confidentially filed for an IPO. All of this fuels the narrative that the market is unwilling to give up even after last week's sharp sell-off. UBS said yesterday that fundamentals remain strong and investor conviction in AI prospects is intact. Morgan Stanley also views the correction as inevitable and ultimately constructive if the bull market is to continue through year-end.

Still, it's too early to relax. The 10-year Treasury yield remains at 4.56% — inflation and expectations of interest rate hikes have not gone away.

The main event this week is Wednesday's US May CPI report. Consensus expects headline consumer price inflation to rise 4.2% year-on-year, the highest in more than three years. Core CPI is expected to edge down month-on-month, which could be a modest positive signal for the Fed. If headline CPI prints above consensus, odds of further rate hikes will increase, the dollar would gain, and pressure on equities would resume.

Exchange Rates 09.06.2026 analysis

Technically, the S&P 500 analysis suggests that the immediate task for buyers is to overcome the resistance level of $7,427. That would confirm upside momentum and open the path to $7,451. Maintaining control above $7,475 would further strengthen buyers' positions. On the downside, buyers need to defend $7,404. A break below that level would likely push the index back to $7,381 and open the way to $7,355.

*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

ابھی فوری بات نہیں کرسکتے ؟
اپنا سوال پوچھیں بذریعہ چیٹ.