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Investment Daily: US stocks traded mostly higher amid lower Treasury yields and oil prices

5 June 2026

Key takeaways

  • US stocks mostly rose; Treasury yields edged lower.
  • European stocks and government bonds rose.
  • Asian stocks largely fell.

Markets

US stocks mostly rose on Thursday, despite weaker Info Tech shares following a chipmaker’s below-consensus results. The S&P 500 and Dow Jones Industrial Average gained 0.4% and 1.7% respectively, while the Nasdaq edged down 0.1%.  

US Treasuries edged higher (yields declined) as oil prices pulled back. 10-year yields shed 2bp to 4.47%.

European stocks rebounded on Thursday. The Euro Stoxx 50 advanced 0.8%. The German DAX was up 0.6% and the French CAC rose 1.2%. In the UK, the FTSE 100 increased 0.3%.

European government bonds edged higher (yields fell modestly). 10-year German bund yields edged down 1bp to 3.02%, as 10-year French bond yields stayed at 3.67%. In the UK, 10-year gilt yields fell 3bp to 4.90%.

Asian stock markets mostly fell on Thursday as tech shares pulled back amid fading AI optimism and renewed geopolitical concerns. Japan’s Nikkei 225 and Korea’s Kospi fell 1.4% and 1.8%, respectively. Hong Kong’s Hang Seng slipped 1.5%, while China’s Shanghai Composite lost 0.6%. Elsewhere, India’s Sensex ended little changed.

Crude oil prices slipped on Thursday after recent rallies. WTI for July delivery settled 3.1% lower at USD93.0 per barrel. 

Key Data Releases and Events

Releases yesterday

No major releases

Releases due today (5 June 2026)

In the US, non-farm payrolls are expected to rise by 88k in May after April’s 115k increase.

In India, the RBI is likely to keep its policy rate unchanged while closely monitoring inflation, macro stability and FX risks. GDP growth could have reached 7.5% in FY2026 (ending 31 Mar 2026), but the energy shock could weigh on economic activity looking forward.

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