Market Action For Last Week
S&P 500 ETF (SPY)
- Last Friday's Closing Price (May 30, 2025): $589.39
- This Friday's Closing Price (June 6, 2025): $599.14
- Point Gain/Loss: +$9.75
- Percent Gain/Loss: +1.65%
Nasdaq-100 ETF (QQQ)
- Last Friday's Closing Price (May 30, 2025): $519.11
- This Friday's Closing Price (June 6, 2025): $529.92
- Point Gain/Loss: +$10.81
- Percent Gain/Loss: +2.08%
Russell 2000 ETF (IWM)
- Last Friday's Closing Price (May 30, 2025): $205.07
- This Friday's Closing Price (June 6, 2025): $211.90
- Point Gain/Loss: +$6.83
- Percent Gain/Loss: +3.33%
Upcoming Major Economic Reports and Potential Market Moving Events
Monday, June 9, 2025
- United States: Wholesale inventories for April at 10 am ET.
- China: Trade Balance, Imports, and Exports Growth for May.
Tuesday, June 10, 2025
- United States: NFIB Small Business Index for May at 6 am ET.
- China: Money Supply Rates (M0, M1, M2) for May.
Wednesday, June 11, 2025
- United States:
- Consumer Price Index (CPI) for May at 8:30 am ET.
- Federal Budget Balance for May at 2 pm ET.
Thursday, June 12, 2025
- United States: Producer Price Index (PPI) and Core PPI at 8:30 am ET.
Friday, June 13, 2025
- No major economic reports scheduled.
Upcoming Major Stock Earnings Reports
Monday, June 9, 2025
- VFS (Pre-market)
- CASY (Post-market)
- GME (Post-market)
Tuesday, June 10, 2025
- SJM (Post-market)
- GTLB (Post-market)
Wednesday, June 11, 2025
- CHWY (Post-market)
- RH (Post-market)
Thursday, June 12, 2025
- ADBE (Post-market)
- FRHC (Time not specified)
Friday, June 13, 2025
- No major earnings reports scheduled.
Market Outlook
For the next 30 days, I am bullish on the market. The consistent gains across major indices, including the S&P 500, Nasdaq, and Russell 2000, reflect positive momentum. The strong performance in the technology sector, coupled with favorable economic indicators such as job growth, suggests continued upward potential. However, investors should remain cautious of potential volatility due to upcoming economic reports and geopolitical factors. Overall, the market appears poised for growth, with opportunities in sectors like technology and consumer goods.