Stock Market Today: S&P 500 Breaks 6,000 Mark at the Market Open as Strong Jobs Data Fuels Rally

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Major Indexes Surge at the Opening Bell on Solid Employment Report

The stock market opened with strong momentum on Sunday, June 8, 2025, as investors continued to digest Friday’s better-than-expected jobs report. At the market open, the S&P 500 maintained its position above the psychologically important 6,000 level, trading at 6,000.36, up 1.03% from the previous session. The benchmark index has climbed an impressive 6.55% over the past month and is up 12.22% compared to the same time last year.

The Dow Jones Industrial Average also showed significant strength at today’s market open, holding onto Friday’s gains of 443.13 points to trade at 42,762.87. Meanwhile, the tech-heavy Nasdaq Composite continued its upward trajectory, trading around 19,530 after Friday’s 1.2% advance.

“The nonfarm payrolls report came in better than expected,” Anthony Saglimbene, chief market strategist at Ameriprise, told CNBC. “It’s showing that the labor market is holding up very well in spite of some slowing growth trends.”

Key Stocks Making Moves at the Opening Bell

Technology stocks continued their momentum from Friday’s session. Tesla (TSLA) opened higher, extending its 3.7% gain from Friday as tensions between CEO Elon Musk and President Donald Trump appeared to cool following their public feud that sent the stock tumbling 14% on Thursday.

Other major tech names showing strength at the market open included Nvidia (NVDA), trading around $141.75, up 1.34% on Friday, while Apple (AAPL) continued to build on its 1.92% gain from the previous session. Microsoft (MSFT) and Amazon (AMZN) also opened in positive territory, with Amazon having surged 2.85% on Friday.

Among the notable decliners at today’s market open were Enphase Energy (ENPH), which fell 4.31% on Friday, and Bio Techne (TECH), which dropped 3.09% in the previous session.

Upcoming Market Events to Watch This Week

Investors are looking ahead to a busy week of economic data and corporate earnings that could significantly impact market sentiment. The Consumer Price Index (CPI) for May will be released on Wednesday, June 11, providing crucial inflation data ahead of the Federal Reserve’s meeting the following week. Economists expect a 0.2% monthly increase in both headline and core CPI.

The Producer Price Index (PPI) follows on Thursday, June 12, offering additional insights into inflation at the wholesale level. The week concludes with the preliminary University of Michigan Consumer Sentiment survey for June on Friday, June 13.

Key Earnings Reports in Focus

Several notable companies are set to report earnings this week, with technology and retail firms in the spotlight. GameStop (GME) will release its quarterly results after Monday’s market close, with investors eager for updates on the company’s recent $500 million Bitcoin investment. The video game retailer appears to be pivoting its business model toward cryptocurrency as its traditional retail business faces challenges.

Oracle (ORCL) reports on Wednesday after the market close, with analysts focusing on enterprise tech demand and AI-related spending. The database software company announced in January that it would join ChatGPT maker OpenAI and SoftBank in a joint venture called Stargate to build AI infrastructure.

Adobe (ADBE) will release its earnings report on Thursday, with expectations of approximately $5.8 billion in revenue, driven by growth in digital media and enterprise AI products. Investors will be watching for insights into the company’s AI-enhanced graphics software sales.

Market Outlook Amid Trade Tensions

Despite the positive market sentiment at today’s open, investors remain cautious about potential headwinds. President Trump announced that trade talks between the U.S. and China will resume next week in London, offering some optimism on the trade front.

However, analysts are monitoring the potential impact of tariffs on inflation and corporate profits. “There’s still some uncertainty about what the inflation impacts are going to be from the tariffs,” noted Saglimbene, adding that tariff effects may become more apparent in economic data during the summer months.

As markets today open on a positive note, investors will be closely watching this week’s inflation data and corporate earnings for further direction on stock market trends and Federal Reserve policy.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. We are not financial professionals. The authors and/or site operators may hold positions in the companies or assets mentioned. Always do your own research before making financial decisions.