📰 Market Snapshot – Thursday, June 5, 2025

Pre-Market Snapshot (as of 9:00 AM ET):

• S&P 500 Futures (SPY): $595.93, up 0.03%

• 10-Year Treasury Yield (IEF): 4.37%, down from 4.46%

• Gold (GLD): $310.90, up 0.64%marketwatch.com+41fred.stlouisfed.org+41ycharts.com+41fred.stlouisfed.org+5ycharts.com+5ycharts.com+5

U.S. stock futures are modestly higher this morning, with the S&P 500 ETF (SPY) edging up 0.03%. The 10-year Treasury yield has decreased to 4.37%, indicating a slight shift towards bonds. Gold prices have risen by 0.64%, reflecting increased demand for safe-haven assets amid ongoing market uncertainties.

Market Drivers:

• Economic Data: Investors are awaiting the release of the May jobs report, which is expected to provide insights into the labor market’s health and influence the Federal Reserve’s monetary policy decisions.

• Federal Reserve Outlook: Recent comments from Fed officials suggest a cautious approach to interest rate adjustments, with a focus on upcoming economic indicators to guide policy.

• Global Markets: International markets are showing mixed signals, with European stocks slightly higher and Asian markets experiencing varied performance, reflecting global economic uncertainties.usagold.com+2pintu.co.id+2ycharts.com+2

What to Watch:

• May Jobs Report: Scheduled for release tomorrow, this report will be closely analyzed for signs of labor market strength or weakness, potentially impacting investor sentiment and Fed policy expectations.

• Inflation Indicators: Upcoming data on consumer and producer prices will provide further clarity on inflation trends and the potential need for monetary policy adjustments.

Investors are advised to stay informed on these developments, as they will play a crucial role in shaping market dynamics in the coming days.