Monday Stock Market Update
Here are the main market catalysts and closing values for the major US indexes on Monday, June 7, 2021.
Here are the main market catalysts and closing values for the major US indexes on Monday, June 7, 2021.
The Dow Jones Industrial Average and S&P 500 fell, but the Nasdaq Composite posted gains on Monday.
- The Dow Jones Industrial Average fell 126.15 points or 0.36 percent, to close at 34,630.24.
- The S&P 500 fell 0.08 percent to close at 4,226.52.
- The Nasdaq Composite gained 0.49 percent to close at 13,881.72.
“The reflation trade is taking a bit of a backseat even as Friday’s ‘Goldilocks’ payrolls report served to quell some concerns that the economy might be doing a bit too well,” Goldman Sachs’ Chris Hussey said on Monday. “Today’s market action shows that these concerns might be here to stay.”
On Tuesday keep an eye out for:
- EU Gross Domestic Product s.a. (YoY)
- US Goods and Services Trade Balance
- TJX Cos. Inc., BYD Co. Ltd., Workday Inc (A) and others are reporting earnings.
