Micron became the 12th U.S. company to reach a $1 trillion market capitalization, doubling from $500 billion in just 48 trading days, surpassing Tesla’s previous record of 230 trading days. *1
Nearly 19% of new vehicle loans carried monthly payments of at least $1,000 in Q1 2026, up from 5.4% in Q1 2021, with 74% of those loans tied to non-luxury vehicles. 1
The 2026 World Cup is projected to generate a record $50 billion in global wagers, and among Americans planning to bet on the tournament, 90% will be doing so for the first time. 2
A recent study found that the share of American adults with “very low financial literacy” rose from 20% to 25% over the past decade. This is concerning because adults with lower financial literacy are four times more likely to struggle to make ends meet. 3
MFS – "Beyond the News"
WSJ – "The World Cup Is Sports Betting's Biggest Moment—and Maybe Its Last Hurrah"
CBS News – "Americans' Financial Literacy Slumps to a 10-Year Low, New Study Finds"
*Past performance is not indicative of future performance
Economic Calendar
Monday:
None scheduled
Tuesday:
NFIB optimism index (May), U.S. trade balance (Apr), existing home sales (May), wholesale inventories (Apr)
Wednesday:
Consumer price index (May), CPI year over year, core CPI (May), core CPI year over year, monthly U.S. federal budget (May)
Thursday:
Initial jobless claims (June 6), producer price index (May), core PPI (May), PPI year over year, core PPI year over year
Friday:
Consumer sentiment prelim (June)
US Markets*
S&P 7,465.00 +0.66%
DOW 51,173.00 +0.80%
NASDAQ 29,689.75
+0.80%
World Markets*
FTSE 10,336.07
-0.36%
NIKKEI 65,416.63 +2.17%
HANG SENG 24,565.90 -0.37%
*values as of 10:15am EST 6/9/2026
Treasuries*
2 YR4.137%
10YR 4.544%
30 YR 5.024%
Cryptocurrencies*
BTC-USD
61,839.35
-3.20%
ETH.CM
1,674.84
-2.54%
Currencies*
Euro $1.1559
Pound $0.7465
Yen $160.2020
Commodities*
Gold 4,353.90
-0.22%
WTI Crude 87.61
-4.04%
Silver 68.07
-0.76%
Upcoming Earnings Calls
Monday - VFS, CPB, MTN, ODC, GHM
Tuesday - CCEP, CASY, SJM, SAIL, MASI
Wednesday - ORCL, FER, EC, ICLR, CNM
Thursday - ADBE, LEN, GTLS, TLX, RH
Friday - HTT, PPIH, GDEV, WALD, ENLV
Client Focused Trading® for large institutions, pensions, hedge funds, wealthy families, and private equity for over 30 years.
Glen Eagle Wealth, LLC is a member FINRA and SIPC
This desk commentary is for informational purposes only
