U.S. Stock Futures Mixed as Tech and AI Stocks Face Pressure Ahead of CPI Data 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
China’s Small Bank Consolidation Struggles as Profits Fall and Risks Persist 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
U.S. stocks climbed on Friday, boosted by stronger-than-expected job growth and optimism over renewed U.S.-China trade talks. The S&P 500 closed above 6,000 for the first time since February, led by gains in technology stocks.
Nonfarm payrolls rose by 139,000 in May, surpassing forecasts of 130,000, while the unemployment rate held steady at 4.2%. The report eased concerns over economic slowdown and led traders to believe the Federal Reserve will likely delay interest rate cuts until September. The Fed meets later this month.
Investors were also encouraged after President Donald Trump announced that three cabinet officials will meet Chinese representatives in London on June 9 to discuss a trade agreement. Although his recent conversation with Chinese President Xi Jinping left several issues unresolved, markets welcomed the diplomatic progress.
The S&P 500 gained 61.02 points (1.03%) to close at 6,000.32, while the Dow Jones rose 442.88 points (1.05%) to 42,762.62. The Nasdaq jumped 231.50 points (1.20%) to 19,529.95. For the week, the S&P rose 1.5%, the Dow 1.17%, and the Nasdaq 2.18%.
Tesla (NASDAQ:TSLA) rebounded 3.8% after plunging 15% on Thursday amid a public feud between Trump and Elon Musk. Other tech giants saw gains: Amazon rose 2.7% and Alphabet climbed 3.25%.
Wells Fargo jumped 1.9% after S&P Global upgraded its outlook to “positive.” In contrast, Broadcom fell 5% following a weak revenue forecast, and Lululemon plunged 19.8% after slashing its profit outlook due to rising tariff-related costs.
Market breadth was strong, with advancing issues outpacing decliners by over 2-to-1 on both the NYSE and Nasdaq. Trading volume remained light at 14.5 billion shares, below the 20-session average.
