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Market Moment
Glen Eagle®: America’s Women-Owned Trading Desk®
6/15/2026
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Elon Musk became the world's first trillionaire, with an estimated net worth exceeding the combined wealth of Jeff Bezos, Larry Page, and Sergey Brin. At roughly $1 trillion, his fortune would exceed the combined personal wealth of citizens in 156 countries. 1
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The S&P 500 gained more than 5% in both April and May. Since World War II, this has happened 11 other times. In each case, the index was higher one year later, with an average gain of 22.1%. *2
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Technology continues to lead the market. From the stock market’s March 30th low through June 4th, the S&P 500 rose 19.1%, while technology gained 44.5%. All 10 of the top-performing S&P 500 stocks were technology companies. *2
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U.S. stocks have outperformed European stocks by over 150% in the past decade, largely due to tech concentration. The S&P 500 is 47% technology and communications, with Nvidia alone at 8%, while the European stock market is only 10% technology. *3
- Bloomberg – Musk's $1,000,000,000,000
- MFS – "Beyond the News"
- WSJ – Worried About a Tech-Stock Bubble? Here's Where You Can Take Cover
*Past performance is not indicative of future performance
Economic Calendar
Monday:
Empire State Manufacturing Survey (Jun), Industrial Production (May), Capacity Utilization (May), Home Builder Confidence Index (Jun)
Tuesday:
Import Price Index (May), Import Price Index ex-Fuel (May), Housing Starts (May), Building Permits (May)
Wednesday:
U.S. Retail Sales (May), Retail Sales ex-Autos (May), Pending Home Sales (May), Business Inventories (Apr), FOMC Interest Rate Decision, Fed Chair Warsh Press Conference
Thursday:
Initial Jobless Claims (week ending Jun 13), Philadelphia Fed Manufacturing Survey (Jun), Leading Economic Index (May)
Friday:
Juneteenth Federal Holiday
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US Markets*
S&P 7,597.25 +1.33%
DOW 52,186.00 +1.13%
NASDAQ 30,607.75
+2.18%
World Markets*
FTSE 10,469.24
-0.02%
NIKKEI 69,317.50 +4.99%
HANG SENG 24,842.67 +0.50%
*values as of 9:30am EST 6/15/2026
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Treasuries*
2 YR 4.039%
10YR 4.449%
30 YR 4.952%
Cryptocurrencies*
BTC-USD
66,700.41
+3.76%
ETH.CM
1,814.19
+8.94%
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Currencies*
Euro $1.1615
Pound $0.7441
Yen $160.1050
Commodities*
Gold 4,374.50
+3.20%
WTI Crude 80.42
-5.25%
Silver 71.17
+4.70%
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Upcoming Earnings Calls
Monday - WDS, AIOT, PLAY, CGC, HITI
Tuesday - CCEP, KEP, WLY, WLYB, CYD
Wednesday - FER, JBL, EC, ICLR, KMX
Thursday - ACN, KR, GTLS, TLX, HUBG
Friday - Juneteenth Federal Holiday
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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
Carol Ann Fernandez
Rob Michel
Grier Vacek
Glen Eagle Wealth, LLC
4422C Route 27
PO Box 399
Kingston, NJ 08528
(609) 631-8231
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