{"id":167198,"date":"2025-06-08T09:05:09","date_gmt":"2025-06-08T09:05:09","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/167198\/"},"modified":"2025-06-08T09:05:09","modified_gmt":"2025-06-08T09:05:09","slug":"the-stock-market-this-week","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/167198\/","title":{"rendered":"The stock market this week"},"content":{"rendered":"

In This Story<\/p>\n

Last week, markets closed in the green, with the Dow, S&P 500, and Nasdaq all notching gains amid a bumper crop of political drama. The most explosive news came from the sudden and very public rupture between President Trump and Elon Musk, a feud that helped trigger Tesla\u2019s (TSLA-3.33%<\/a>) worst stock plunge<\/a> in over a year. <\/p>\n

How Trump\u2019s tariffs could make your iPhone cost $3,500<\/p>\n

On the macro side, Friday\u2019s jobs report<\/a> showed a still-solid labor market, reinforcing expectations that rate cuts will remain on hold. In contrast, however, forward-looking layoff data<\/a> from Challenger Gray pointed to a chill spreading through white-collar ranks that\u2019s worth watching. <\/p>\n

The week ahead promises plenty of fresh catalysts. Apple\u2019s (AAPL-0.39%<\/a>) Worldwide Developers Conference kicks off , with investors watching closely for AI announcements that could reenergize the company\u2019s growth. Midweek brings the latest Consumer Price Index report, a key gauge of inflation. And while earnings season is winding down, reports from Oracle (ORCL-0.97%<\/a>) and Adobe (ADBE+0.09%<\/a>) will offer insight as to whether corporate belt-tightening is easing or just beginning.<\/p>\n

Monday, June 9<\/p>\n

Expect loads of coverage as Apple kicks off its annual Worldwide Developers Conference (WWDC), with the keynote address scheduled for 1:00 p.m. ET. The tech giant is expected to unveil updates<\/a> to its various OS offerings, perhaps alongside some news of much-hoped-for AI expansion. With Apple shares deeply lagging the broader market this year (down 17% vs. the Nasdaq\u2019s 1.5% gain), WWDC could be a turning point for sentiment.<\/p>\n

Also on the calendar: earnings from Casey\u2019s General Stores (CASY-0.71%<\/a>), the gas station and convenience chain with a strong rural footprint. The company reports before the market opens, with Wall Street expecting increased sales and decreased profits. <\/p>\n

Tuesday, June 10<\/p>\n

GameStop (GME+1.36%<\/a>) reports after the bell. While the company\u2019s core business has continued to struggle, investors will be watching closely for updates on GameStop\u2019s recent $500 million Bitcoin investment<\/a> and what it signals about the retailer\u2019s evolving identity. Also reporting after hours: Dave & Buster\u2019s (PLAY-3.39%<\/a>), with analysts look looking for clues about the state of consumer discretionary spending, especially among younger adults and families.<\/p>\n

On the economic front, the National Federation of Independent Business will release its May Small Business Optimism Index before the market open, giving Wall Street a read on Main Street\u2019s hiring plans and confidence levels. <\/p>\n

Wednesday, June 11<\/p>\n

Oracle will report earnings after the market closes, providing investors with an important read on enterprise tech demand and AI-related spending. But the main event is inflation. At 8:30 a.m. ET, the Bureau of Labor Statistics will release the May Consumer Price Index<\/a> (CPI). Analysts and investors will be parsing the data for any signs that tariffs and stickier components such as shelter are driving prices higher. <\/p>\n

With the Fed meeting just a week away, it\u2019s likely this CPI print could prove pivotal.<\/p>\n

Thursday, June 12<\/p>\n

Adobe will release earnings after the market close, with analysts expecting revenue around $5.8 billion<\/a>, reflecting continued growth in Adobe\u2019s digital media and enterprise AI products. <\/p>\n

On the economic front, the Bureau of Labor Statistics will release the May Producer Price Index (PPI) at 8:30 a.m. ET, providing a look at inflation at the wholesale level. Weekly initial jobless claims for the week ending June 7 will be reported at the same time. The previous week saw 247,000 new claims<\/a>, a worrying sign. <\/p>\n

Friday, June 13<\/p>\n

No major earnings reports are scheduled, but markets will be tuned in at 10:00 a.m. ET for the preliminary June reading of the University of Michigan\u2019s Consumer Sentiment Index. While typically considered a second-tier indicator, Michigan sentiment can behave like canary in the coal mine during economic downturns, so this one could carry extra weight.<\/p>\n","protected":false},"excerpt":{"rendered":"In This Story Last week, markets closed in the green, with the Dow, S&P 500, and Nasdaq all…\n","protected":false},"author":2,"featured_media":167199,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[1191,1662,3084,69949,69952,51,69948,23704,42282,69947,295,474,26183,30149,476,1197,2441,9861,53967,69951,8177,2794,298,1757,16,15,69950],"class_list":{"0":"post-167198","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-adobe","9":"tag-apple","10":"tag-apple-inc","11":"tag-asset","12":"tag-asset-price-inflation","13":"tag-business","14":"tag-challenger-gray","15":"tag-consumer-confidence","16":"tag-consumer-price-index","17":"tag-dave-busters","18":"tag-elon-musk","19":"tag-finance","20":"tag-financial-economics","21":"tag-gamestop","22":"tag-inflation","23":"tag-investment","24":"tag-markets","25":"tag-oracle","26":"tag-oracle-corporation","27":"tag-price-indices","28":"tag-quartz","29":"tag-recession","30":"tag-tesla","31":"tag-trump","32":"tag-uk","33":"tag-united-kingdom","34":"tag-worldwide-developers-conference"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114646949949291440","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/167198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=167198"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/167198\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/167199"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=167198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=167198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=167198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}