Peakfolio Team
Jun 2, 2025
Between May 26 and June 2, U.S. markets inched higher as investors positioned cautiously before a wave of upcoming economic reports that could influence the Federal Reserve’s next policy decision.
The S&P 500 and Nasdaq extended their modest gains, supported by strength in technology and consumer discretionary sectors. AI-linked stocks continued to attract buyers, while energy and materials lagged as oil prices cooled. With volume thinning heading into the summer, price action was relatively subdued, yet the underlying tone remained constructive — investors are showing resilience even as inflation and rate uncertainties linger.
Looking ahead, attention is turning toward the latest nonfarm payroll and consumer price readings due in early June. Traders are eager for confirmation that inflation is easing steadily enough to justify rate relief later in the year. For now, optimism is cautiously returning, with markets appearing content to grind higher while awaiting clearer economic signals.