06/06/2026
Weekly wrap-up – Despite another better-than-expected jobs report for the third consecutive month, stocks pulled back this week, with the S&P 500 posting its first meaningful weekly decline after several consecutive weeks of gains. Much of the weakness was tied to renewed concerns over valuations, profit taking after the market’s strong rebound, and lingering uncertainty surrounding interest rates, tariffs, and global economic growth. Investors also reacted to mixed economic data and rising Treasury yields earlier in the week, which put pressure on technology and other growth-oriented sectors that had led the recent rally.
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Weekly wrap-up – Despite another better-than-expected jobs report for the third consecutive month, stocks pulled back this week, with the S&P 500 posting its first meaningful weekly decline after several consecutive weeks of gains. Much of the weakness was tied to renewed concerns over valuations,...
