iShares Russell 2000 ETF (IWM)

Wall Street surged into rally mode during the final trading session of the week as better-than-expected jobs data helped ease fears of an economic slowdown.

The $1.2 million contract involves deploying 150 AI-powered traffic monitoring units in a Sun Belt state, replacing outdated systems with safer alternatives.

SPY, QQQ both showing a distribution day after yesterday's session (down on above-average volume near the high).

Earnings from high-profile chip maker Broadcom elicited negative stock reaction, portending a potential hit to the sector in Friday’s session.

Market Monitor Trends (SPY, QQQ, IWM) and Breadth June 04

All three major U.S.

Investment firm B. Riley said the CoreWeave lease contracts strengthen Applied Digital’s appeal as a leading provider of high-performance compute infrastructure.

Breadth readings remain firm for now, this appears to be a healthy pause, not a reversal.

After weak private payrolls data, traders eye weekly initial jobless claims that would offer further clarity on labor market conditions.

Wall Street's two-day rally lost momentum Wednesday as investors reassessed the economic outlook after weak job numbers and a surprise contraction in the U.S. services sector cast fresh doubt over the strength of the economy.

The observance of black spots was reported in a product quality complaint, the U.S. FDA said, while noting that oral products contaminated with Aspergillus may result in serious and life-threatening infections.

The free European Security Program will enhance AI-driven cyber threat intelligence, strengthen partnerships with law enforcement, and boost digital defenses across EU countries.

Among the key catalysts for the day is ADP’s private payrolls report for May, which is expected to show job gains of 110,000 compared to 62,000 in April.

Analysts praised the $7 billion lease deal, prompting bullish price target hikes and signaling strong AI-driven growth potential.

Wall Street posted modest midday gains on Tuesday, as investors digested the latest developments in President Donald Trump's trade policy agenda.

MARA posted a 35% sequential increase in Bitcoin production and a 38% jump in blocks mined.

The new credit facility features a lower interest rate, increasing capital availability and financial flexibility, the company stated.

More Fed speakers are lined up for the day ahead of the “Blackout period,” which kicks in this Saturday.

His rallying call comes even as the House narrowly passed the bill, which is now headed toward the Senate for clearance.

LYR-210 demonstrated statistically significant improvement compared to sham control in key symptoms of chronic rhinosinusitis, such as nasal obstruction, nasal discharge, and facial pain/pressure at week 24.

In a study conducted in China, GFH375, also known as VS-7375 in the U.S., showed an overall response rate of 52% in patients with pancreatic ductal adenocarcinoma and 42% in those with non-small cell lung cancer.

After delivering its strongest monthly performance since November 2023, Wall Street entered June on a cautious note, with mounting geopolitical tensions and new trade tariffs clouding investor appetite for risk assets.

The $45 million purchase was financed using the company’s available cash, which stood at $61.3 million as of the end of March, bolstered by proceeds from its at-the-market equity offering.

The agreements, each spanning roughly 15 years, will enable Applied Digital to deliver 250 megawatts of critical IT power to support CoreWeave’s AI and HPC systems at its data center complex in Ellendale, North Dakota.

The indices continue to quote close to their next resistance. While headline indices may show only minor daily fluctuations, the underlying breadth data paints a more fragile picture.