Market Pulse – Live UpdatesMajor Indexes Show Mixed Performance at Midday
As of midday Thursday, June 5, 2025, the major U.S. stock indexes are showing mixed performance. The S&P 500 is up 0.24% at 5,985.26, while the Dow Jones Industrial Average has gained 0.14% to 42,485.99. The tech-heavy Nasdaq Composite is leading gains, up 0.44% at 19,546.78.
Today’s trading session follows Wednesday’s mixed close, where the Dow snapped a four-day winning streak, falling 0.15% to 42,456.03. The S&P 500 managed a slight gain of 0.03% to 5,971.92, while the Nasdaq rose 0.32% to 19,460.49.
Market sentiment remains cautious as investors digest yesterday’s private sector payroll data, which showed just 37,000 jobs added in May—significantly below the 110,000 forecast. This disappointing figure has raised concerns about a softening job market and its potential impact on the broader economy.
All Eyes on Friday’s Jobs Report
The market’s hesitant movement today reflects investor anticipation of Friday’s crucial nonfarm payrolls report from the Labor Department. This report has taken on heightened importance following Wednesday’s weak ADP private sector employment data, which showed the lowest level of job additions in two years.
“The impact of tariffs is still going to be substantial in the second and maybe the third quarter as well. The surprise so far seems to be we’re not getting that much inflationary pressure,” noted Ed Yardeni, Yardeni Research president, on CNBC’s “Closing Bell.”
Investors are closely monitoring economic indicators for signs of how the Trump administration’s tariff policies might be affecting the broader economy, despite recent rallies suggesting diminished concerns about these trade policies.
Technology Sector Leads Market Gains
The technology sector continues to outperform other sectors, up 18.19% year-to-date, followed by Consumer Discretionary at 9.76% and Communications at 7.82%.
Among notable tech movers today, MongoDB (MDB) has surged 15.93%, making it one of the day’s top gainers. Applied Digital Corporation (APLD) is up 6.60%, while Nvidia (NVDA), which has been a market leader throughout the year, is trading slightly higher by 0.28%.
Major Stock Movers
Top Gainers:
– Newegg Commerce (NEGG): Up 27.79% to $8.03
– Nebius Group N.V. (NBIS): Up 18.86% to $46.82
– First Majestic Silver (AG): Up 16.43% to $8.47
– MongoDB (MDB): Up 15.36% to $230.40
– Oscar Health (OSCR): Up 14.59% to $16.21
Top Losers:
– PVH Corp (PVH): Down 17.50% to $66.71
– Brown-Forman Corporation (BF-B): Down 16.86% to $27.63
– Brown-Forman Corporation (BF-A): Down 15.92% to $27.85
– Lyell Immunopharma (LYEL): Down 13.10% to $11.71
– Ciena Corporation (CIEN): Down 11.66% to $74.03
Tesla (TSLA) shares are down 3.92% to $319.02 following reports of sluggish sales in key markets.
Earnings in Focus
Several companies reported earnings before the bell today, including Toro (TTC), Cracker Barrel Old Country Store (CBRL), Victoria’s Secret (VSCO), and Brown-Forman (BF). Ciena Corporation (CIEN) is among the day’s biggest losers after its earnings report, down 11.66%.
After the closing bell, investors will be watching for results from several high-profile companies:
– Broadcom (AVGO): Expected to report quarterly earnings of $1.57 per share on revenue of $14.97 billion
– Lululemon Athletica (LULU): Projected to report earnings of $2.59 per share on revenue of $2.37 billion
– DocuSign (DOCU): Estimated to report $0.81 per share on revenue of $748.92 million
– Vail Resorts (MTN): Expected to report $10.06 per share on revenue of $1.30 billion
Market Outlook and Trade Tensions
Despite recent volatility, the three major indexes are tracking for gains this week. The S&P 500 is up 1%, the Dow has added 0.4%, and the Nasdaq has jumped 1.8% week-to-date.
Market sentiment has improved in recent weeks as concerns about President Trump’s tariff plans have subsided. However, investors remain cautious following Trump’s recent comment that Chinese President Xi Jinping is “extremely hard to make a deal with,” despite the two countries suspending massive tariffs last month while working toward a broader trade agreement.
The CBOE Volatility Index, often referred to as the market’s “fear gauge,” is down 0.34% to 17.55, indicating relatively stable market sentiment despite the mixed trading session.
As the trading day progresses, market participants will continue to position themselves ahead of tomorrow’s critical jobs report, which could provide further insight into the health of the U.S. economy and potentially influence the Federal Reserve’s monetary policy decisions in the coming months.