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Investment Daily: US stocks recovered from Friday’s selloff as tech shares rebounded

9 June 2026

Key takeaways

  • US stocks and Treasury yields ended higher.
  • European stocks and government bonds fell.
  • Asian stocks fell.

Markets

US stocks traded modestly higher on Monday as tech shares rebounded after Friday’s sharp selloff. The S&P 500 rose 0.3%.  

US Treasuries fell but pared early losses as oil prices pulled back from intraday high. 10-year yields rose 3bp to 4.56%.

European stocks had a choppy session on Monday as geopolitical uncertainty in the Middle East persisted. The Euro Stoxx 50 closed flat. Germany’s DAX fell 0.6% and France’s CAC 40 slipped 0.2%. In the UK, the FTSE 100 ended little changed.

European government bonds fell ahead of Thursday’s ECB policy meeting. 10-year German bund yields edged up 2bp to 3.06%. In the UK, 10-year gilt yields rose 4bp to 4.94%.

Asian stock markets declined on Monday, as an extended global AI-tech selloff was compounded by a rise in oil prices and expectations of higher-for-longer US rates following upbeat US jobs data. Korea’s Kospi dropped 8.3% while Japan’s Nikkei 225 declined by 3.8%. Elsewhere, China’s Shanghai Composite and Hong Kong’s Hang Seng fell 1.7% and 1.2% respectively. India’s Sensex ended 1.0% lower as ASEAN markets also saw heavy losses.

Crude oil prices ended modestly higher on Monday. WTI crude for July delivery rose 0.8% to settle at USD91.3 a barrel. 

Key Data Releases and Events

Releases yesterday

No major releases. 

Releases due today (9 June 2026)

In the US, the NFIB's business confidence index is expected to edge up in May on softer oil prices, while the price index could decline.

China’s trade surplus is expected to widen in May, supported by continued export strength. 

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