Logo
All Publications
Subscribe
Search
Log In
Logo
  • Home
  • Posts
  • Tech Recovered. Rates Stayed Tight.

Tech Recovered. Rates Stayed Tight.

Markets enter Tuesday after the Nasdaq regained ground while Treasury yields held near restrictive levels.

Brian Tancock
Brian Tancock

Jun 9, 2026

•

3 min read

Your browser does not support the audio element.

U.S. markets enter Tuesday, June 9, 2026 with conditions set by the Monday, June 8 close. The S&P 500 moved higher. The Nasdaq rebounded. The Dow slipped. Small caps improved. Treasury yields stayed elevated. The dollar held near the 100 level. Oil prices rose as Middle East risk stayed in the backdrop.

The S&P 500 closed at 7,405.73.
The Nasdaq closed at 25,929.66.
The Dow closed at 50,786.01.
The Russell 2000 closed at 2,855.42.

The surface stabilized. The internal structure improved, but the rebound remained selective.

CNBC: "This Is the Big Market Event of 2026."

The New York Times predicted this new Elon Musk opportunity "will unleash gushers of cash for Silicon Valley and Wall Street."

If you know what to do, some of that money could end up in your pocket.

Click here now because Elon Musk is predicting this investment could jump 1,000x higher from here.

Equity Markets

Monday’s session showed a partial recovery from Friday’s sharp selloff.

The S&P 500 rose +0.3%.
The Nasdaq gained +0.9%.
The Dow fell -0.2%.
The Russell 2000 rose +0.8%.

The Nasdaq had the strongest move among the major benchmarks. Technology and semiconductor shares led the rebound after Friday’s heavy decline.

The S&P 500 recovered 21.99 points.
The Nasdaq gained 220.23 points.
The Dow lost 80.77 points.
The Russell 2000 gained 21.92 points.

Chip stocks were the main support area. Semiconductors bounced after Friday’s heavy selloff. The rebound improved the tone, but it did not fully reverse Friday’s damage. The Nasdaq recovered part of the decline. The Dow stayed lower. The broader market closed steadier, but not fully risk-on.

Fixed Income

Treasury yields remained elevated through Monday’s close.

The 10-year yield moved near 4.56%.
The 2-year yield held near 4.17%.
The 30-year yield moved near 5.02%.

The level remained firm after Friday’s jobs-driven rate reset. Rates did not ease materially after the equity rebound.

The 10-year stayed in the mid-4% range.
The 30-year held above 5%.

This keeps borrowing costs elevated. The bond market stayed restrictive even as equities stabilized.

Currency Markets

The dollar eased from its highs, but remained firm. The U.S. Dollar Index moved near 100.0. The move kept the dollar close to the 100 level. That followed Friday’s stronger payrolls report and higher Treasury yields. The dollar did not break sharply higher on Monday. It also did not give back the broader strength built after the jobs report. Dollar conditions remain an important reference point for commodities, global liquidity, and foreign earnings translation.

Commodities

Commodity markets moved higher in oil while gold held near recent lows.

WTI crude settled at $91.30.
Brent crude settled at $94.25.
Gold futures settled near $4,363.40.
Spot gold traded near $4,334.

Oil rose after renewed Middle East headlines lifted supply-risk concerns.

WTI gained +0.8%.
Brent gained +1.3%.

Prices had risen more sharply earlier in the session, but gains faded by the close. Oil remained above $90, keeping energy relevant for inflation, margins, and consumer pressure. Gold was little changed after touching its lowest level since late March. Higher yields limited the move. Geopolitical uncertainty kept the metal from breaking down further. The commodity backdrop remained mixed. Oil stayed geopolitically sensitive. Gold stayed rate-sensitive.

Macro Backdrop

Monday’s session stabilized after Friday’s sharp reset. Stocks recovered part of the selloff. Technology led the rebound. Small caps improved. The Dow slipped. Yields stayed elevated. Oil rose. The dollar remained firm. The market tone was better, but not fully clean. The rebound came from the same area that led Friday’s decline: technology and semiconductors. That made the recovery important, but still narrow. The rate backdrop did not loosen.

The 10-year yield stayed near 4.56%.
The 30-year yield remained above 5%.

This keeps Tuesday’s setup balanced between a tech rebound and a still-tight financial backdrop.

Entering Today's Open

Key reference levels:

  • S&P 500: 7,405.73

  • Dow Jones: 50,786.01

  • Nasdaq: 25,929.66

  • Russell 2000: 2,855.42

  • 10-Year Yield: near 4.56%

  • 2-Year Yield: near 4.17%

  • 30-Year Yield: near 5.02%

  • U.S. Dollar Index: near 100.0

  • WTI Crude: $91.30

  • Brent Crude: $94.25

  • Gold Futures: near $4,363.40

  • Spot Gold: near $4,334

Markets enter Tuesday after a partial rebound from Friday’s selloff. The Nasdaq recovered. The S&P 500 moved higher. Small caps improved. The Dow slipped. Yields stayed elevated. Oil prices rose. The dollar remained firm.

The key backdrop: technology stabilized the tape, but rates did not ease. Monday’s close improved the market tone, while elevated yields, oil above $90, and a firm dollar kept financial conditions tight.

Read More from Metrics Daily


Privacy Policy

© 2026 Metrics Daily. All rights reserved.

Terms of Use