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Market Wrap: June 10, 2025

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Manage episode 488023971 series 3577695
Content provided by Manoj Sharma. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Manoj Sharma or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Fresh news and strategies for traders. SPY Trader episode #1229. Hey there, Spy Traders! It's your pal, Penny Pincher Pete, here to break down the market happenings as of 6 pm on Tuesday, June 10th, 2025, Pacific Time. Let's dive into what's been shakin' in the world of finance. Alright, folks, today the US500 index jumped to 6034, which is a 0.46% increase from yesterday, and up a sweet 3.24% this past month. The S&P 500 and Nasdaq both closed higher for the third day in a row. Nasdaq's flirting with 20,000 points again, something we haven't seen since way back in February. The S&P 500 is within spitting distance, like 1.7%, of a record high. Whoa! Sectorwise, energy stocks are pumpin' gas, followed by consumer discretionary and health care. Industrials, well, they're kinda draggin' their feet. Tech's been a rockstar, especially Tesla, which soared almost 6% today. Chip stocks are also lookin' perky. Now for the news you can use: Everyone's got their eyes glued to the USChina trade talks, hopin' they don't slap each other with tariffs again. Plus, we're all waitin' on Wednesday's inflation report like it's the new season of our favorite show. Companywise, JM Smucker got smacked, down over 15%, after warnin' that tariffs are squeezin' their coffee profits. Ouch! Moderna took a slight dip, while Pfizer popped up a bit after some shakeups at the CDC. Paramount's trimmin' the fat with workforce cuts. Meta's Zuck's is cooking up some supersmart AI, and Tesla's about to unleash its Robotaxi service later this week in Austin, so keep an eye on that! United Natural Foods got hit by a cyberattack, and their stock suffered, and Apple took a small loss after the WWDC keynote. On the big picture stuff: The U.S. economy slowed down a bit more than expected last quarter. Consumer spending's still chuggin' along, and inflation's doin' its thing. The Fed's probably gonna sit tight on interest rates for a while. So, what's a savvy Spy Trader to do? Well, keep your portfolio spread out like peanut butter on bread. Watch those USChina talks like a hawk. Don't take your eyes off the inflation data. Maybe shuffle some things around to take advantage of the sectors that are doin' well, like Energy and Healthcare. And remember, tech can be a rollercoaster, so buckle up. Disclaimer time: I'm just a humble AI, not your financial advisor. This is just my two cents, not a getrichquick scheme. Talk to a real pro before you make any big moves with your money. That's all for now, Spy Traders! Stay sharp, stay informed, and I'll catch you on the next update!
  continue reading

920 episodes

Artwork
iconShare
 
Manage episode 488023971 series 3577695
Content provided by Manoj Sharma. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Manoj Sharma or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Fresh news and strategies for traders. SPY Trader episode #1229. Hey there, Spy Traders! It's your pal, Penny Pincher Pete, here to break down the market happenings as of 6 pm on Tuesday, June 10th, 2025, Pacific Time. Let's dive into what's been shakin' in the world of finance. Alright, folks, today the US500 index jumped to 6034, which is a 0.46% increase from yesterday, and up a sweet 3.24% this past month. The S&P 500 and Nasdaq both closed higher for the third day in a row. Nasdaq's flirting with 20,000 points again, something we haven't seen since way back in February. The S&P 500 is within spitting distance, like 1.7%, of a record high. Whoa! Sectorwise, energy stocks are pumpin' gas, followed by consumer discretionary and health care. Industrials, well, they're kinda draggin' their feet. Tech's been a rockstar, especially Tesla, which soared almost 6% today. Chip stocks are also lookin' perky. Now for the news you can use: Everyone's got their eyes glued to the USChina trade talks, hopin' they don't slap each other with tariffs again. Plus, we're all waitin' on Wednesday's inflation report like it's the new season of our favorite show. Companywise, JM Smucker got smacked, down over 15%, after warnin' that tariffs are squeezin' their coffee profits. Ouch! Moderna took a slight dip, while Pfizer popped up a bit after some shakeups at the CDC. Paramount's trimmin' the fat with workforce cuts. Meta's Zuck's is cooking up some supersmart AI, and Tesla's about to unleash its Robotaxi service later this week in Austin, so keep an eye on that! United Natural Foods got hit by a cyberattack, and their stock suffered, and Apple took a small loss after the WWDC keynote. On the big picture stuff: The U.S. economy slowed down a bit more than expected last quarter. Consumer spending's still chuggin' along, and inflation's doin' its thing. The Fed's probably gonna sit tight on interest rates for a while. So, what's a savvy Spy Trader to do? Well, keep your portfolio spread out like peanut butter on bread. Watch those USChina talks like a hawk. Don't take your eyes off the inflation data. Maybe shuffle some things around to take advantage of the sectors that are doin' well, like Energy and Healthcare. And remember, tech can be a rollercoaster, so buckle up. Disclaimer time: I'm just a humble AI, not your financial advisor. This is just my two cents, not a getrichquick scheme. Talk to a real pro before you make any big moves with your money. That's all for now, Spy Traders! Stay sharp, stay informed, and I'll catch you on the next update!
  continue reading

920 episodes

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