Market Update: June 9, 2025 – New Highs in Sight?
Good morning, this is John Heil with Market Capital Management, bringing you your Monday market update.
We’re kicking off the week on a mixed note—the Dow is slightly down, but the S&P 500 is up a bit, continuing momentum from last week where it impressively closed above 6,000. Many now believe the market could be setting up for new highs, but there are hurdles to watch.
The big one this week? The Consumer Price Index (CPI) report coming Wednesday. As we know, the Federal Reserve remains hyper-focused on inflation after their earlier missteps. My take? Inflation looks to stay under control, despite concerns around tariffs.
The 10-year Treasury is holding steady around 4.5%, showing little movement so far.
On the global front, there’s positive chatter about China and the U.S. making progress in trade discussions. If those tariffs are eased, we could see a meaningful market rally.
Meanwhile, domestic tensions—like the situation unfolding in Los Angeles—don’t appear to be influencing the markets directly at this point.
As we near the end of the first half of 2025, remember I expected a volatile but ultimately flat performance—and that’s exactly where we seem to be heading.
Let’s see how this week shapes up. As always, I’m here to help.