U.S. forces struck Iranian targets, prompting air defense alerts in Bahrain and Kuwait; Trump insisted he would soon 'disengage' from the conflict with Iran.

Tensions in the U.S.-Iran conflict continue to escalate, with Bahrain and Kuwait successively issuing nationwide air defense alerts. U.S. forces shot down four Iranian drones and conducted airstrikes on Iranian coastal radar installations, prompting Iran to retaliate with missile strikes targeting U.S. military bases in Kuwait and Bahrain.

wallstreetcnJun 6 10:25

A softening is anticipated, with a strong likelihood of further corrections in AI-related stocks.

Outlook for the Week: June 8–12 — The Dow Jones Industrial Average is expected to weaken, with a heightened likelihood of a correction in artificial intelligence (AI)-related stocks. Concerns over excessive valuations in AI-related shares—which have led the recent rally—are becoming evident, and with several large initial public offerings (IPOs) on the horizon, profit-taking is likely to dominate market activity in the near term. Additionally, stronger-than-expected employment data amid persistent inflation concerns is fueling speculation about an earlier-than-anticipated interest rate hike, casting a shadow over the broader market from the ongoing sell-off in technology stocks.

Fisco Japan06:07

Top Analyst Explains Why the S&P 500, Nasdaq 100, Dow Jones Are Crashing

Benzinga02:51

Benzinga Bulls And Bears: Dell, GameStop, Lululemon — And Stocks Take A Hit On Interest Rate Hike Fears

BenzingaJun 6 20:26

Nine major tech stocks shed $1 trillion in value in a single day! A comprehensive overview of Wall Street’s take on Friday’s sell-off

① U.S. stocks faced heavy selling on Friday, with the Nasdaq 100 Index dropping 4.2%, the Philadelphia Semiconductor Index falling by more than 10%, Bitcoin prices slipping below $60,000, and spot gold erasing all gains for the year; ③ Wall Street analysts primarily interpreted this turmoil from three angles: how the Federal Reserve’s policy stance might shift within the year, whether the tech stock bull market has reached its end, and why investors are pulling back capital.

cls.cnJun 6 14:17

After strong nonfarm payroll data, Goldman Sachs 'surrenders': no longer expects the Fed to cut rates this year

Goldman Sachs believes that a triple push from tariffs, high oil prices, and AI-related demand will keep core PCE inflation above 3% in 2026. Given the Federal Reserve’s lack of urgency to cut rates, Goldman Sachs has abandoned its expectation for rate cuts this year, pushing the final two rate cuts to June and December 2027. It also raised the probability of a rate hike from 10% to 20% and considers 'holding rates steady' a reasonable alternative.

wallstreetcnJun 6 11:37