3 Economic Events That Could Affect Your Portfolio This Week, June 9-13, 2025

Stocks surged last week, erasing year-to-date losses. The Dow Jones Industrial Average climbed 1.17%, while the S&P 500 ROSE 1.50% and the Nasdaq-100 gained 1.97%. The S&P 500 now stands more than 20% above April's lows, reclaiming the 6,000 level despite remaining 2% below its all-time high.

Market Optimism faded midweek as PMI data revealed concerning trends—manufacturing activity contracted for the third consecutive month, while services activity shrank for the first time in nearly a year. Friday's robust jobs report restored confidence, with 139,000 positions added in May and unemployment holding steady at 4.2%.

While March and April job figures saw downward revisions, May's data suggests a controlled labor market cooling. Persistent wage growth continues to fuel inflationary pressures, creating complex dynamics for Federal Reserve policy decisions.