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Bearish Market Analysis Jun 7, 2026

Market Summary — Post market — 2026-06-07

  • equity markets suffered a decisive setback on June 5, 2026, ending a nine-week winning streak for the S&P 500 as a stronger-than-expected employment report triggered a repricing of Federal Reserve policy expectations
  • The major averages closed significantly lower, with the Nasdaq Composite leading the decline at -4.18%, followed by the S&P 500 at -2.64% and the Dow Jones Industrial Average at -1.35%
  • The selloff was driven by a combination of extended weakness in the semiconductor sector and rising Treasury yields, which pushed the probability of a December rate hike to roughly 71% according to the CME FedWatch Tool