Peakfolio Team
Jun 9, 2025
Between June 2 and June 9, markets swung between gains and losses as investors digested a mixed U.S. jobs report.
Stocks started the week higher, buoyed by optimism ahead of key employment data. But Friday’s release revealed a complicated picture — job creation remained solid, yet wage growth cooled and unemployment ticked slightly higher. The initial reaction was choppy: the S&P 500 briefly dipped before rallying into the close as investors interpreted the data as a possible signal for more dovish Fed policy later this summer.
While the labor market’s strength continues to reassure analysts, the uneven pace of growth has underscored how delicate the current balance is. Bond yields fell modestly as rate-cut bets increased, while cyclical stocks gained traction on hopes of steadier economic expansion. Traders are now looking toward next week’s inflation data to confirm whether the Fed can afford to ease up without reigniting price pressures.