7f16def0-d0e6-5265-bf9b-228384998675Fri, 26 Jun 2026 20:15:17 +0000Captivate.fmFactsethttps://artwork.captivate.fm/f3228ad9-f3f9-4741-9b3f-8c711c1408cf/8aola2e5nfxsh1dgj5szh342.jpgFactsetFactsetStreetAccount U.S. Evening Market Recap is FactSet's daily podcast aiming to capture the most material market moving news. With a target time of ~5 minutes, this is an ideal listen for those looking to stay connected to the most important themes driving the U.S. economy & corporations.https://www.factset.com/podcastsfalseepisodic870594d0-21e6-11f0-8908-e122409ac9e6nopodcastWeekly Market Recap - Friday, 26-JunMarkets were mixed this week with AI remaining the dominant theme as the Iran war continued to take a backseat. Early-week softness in semis and memory was driven largely by positioning and market concentration concerns, while actual fundamentals remained solid. Those concerns were largely offset by MU's blowout earnings and guidance, which reinforced confidence in the AI capex cycle and sustained memory demand.

]]>Markets were mixed this week with AI remaining the dominant theme as the Iran war continued to take a backseat. Early-week softness in semis and memory was driven largely by positioning and market concentration concerns, while actual fundamentals remained solid. Those concerns were largely offset by MU's blowout earnings and guidance, which reinforced confidence in the AI capex cycle and sustained memory demand.

]]>a7b765f9-bb6b-4cee-8b23-46b5f5098c6fFri, 26 Jun 2026 16:15:00 -040004:17falsefullEvening Market Recap - Thursday, 25-JunMajor averages were overall little changed, but there was a lot of movement beneath the surface. The momentum trade bounce driven by renewed support for the AI capex trade following blowout results from Micron. Pockets of the broadening out/reopening/cyclical trade worked as well, with small caps, industrials, builders, travel & leisure and banks the standouts.

]]>Major averages were overall little changed, but there was a lot of movement beneath the surface. The momentum trade bounce driven by renewed support for the AI capex trade following blowout results from Micron. Pockets of the broadening out/reopening/cyclical trade worked as well, with small caps, industrials, builders, travel & leisure and banks the standouts.

]]>6f93ad0e-642c-43d5-8d4a-0b68ac6a07afThu, 25 Jun 2026 16:15:00 -040006:01falsefullEvening Market Recap, Wednesday 24-JunUS equities were mixed in Wednesday trading as stocks struggled for direction after the Tuesday selloff. Today's big rate rally and ongoing oil selloff did not do much to support stocks as a hawkish Fed remains an overhang, while inflation concerns beyond oil remain elevated. May new home sales rose 580K m/m, missing consensus of 640K and the weakest since Jan-26.

]]>US equities were mixed in Wednesday trading as stocks struggled for direction after the Tuesday selloff. Today's big rate rally and ongoing oil selloff did not do much to support stocks as a hawkish Fed remains an overhang, while inflation concerns beyond oil remain elevated. May new home sales rose 580K m/m, missing consensus of 640K and the weakest since Jan-26.

]]>51eecad1-8d84-46b8-8b57-63c0cfc0231aWed, 24 Jun 2026 16:15:00 -040005:48falsefullEvening Market Recap, Tuesday 23-JunUS equities were lower in Tuesday trading, a bit off worst levels. Momentum memory semis under outsized pressure. Big Tech mostly lower.

]]>US equities were lower in Tuesday trading, a bit off worst levels. Momentum memory semis under outsized pressure. Big Tech mostly lower.

]]>dacd2bd3-9f85-4551-9054-8d9ca528c43eTue, 23 Jun 2026 16:05:00 -040005:05falsefullEvening Market Recap - Monday, 22-JunUS equities were mixed in Monday trading with stocks hovering near worst levels. Big tech underperformance was the big story in Monday trading with Google and SpaceX the notable decliners. Nothing on the economic calendar this morning in macro news, and nothing monetary policy related from Fed's Waller.

]]>US equities were mixed in Monday trading with stocks hovering near worst levels. Big tech underperformance was the big story in Monday trading with Google and SpaceX the notable decliners. Nothing on the economic calendar this morning in macro news, and nothing monetary policy related from Fed's Waller.

]]>77362822-0c79-4947-be8a-9dc05d2cfeffMon, 22 Jun 2026 16:00:00 -040005:29falsefullWeekly Market Recap - Thursday, 18-JunUS equities were higher this week with the Dow and Russell 2000 hitting fresh record highs, while the S&P 500 ended up for its 11th week out of the past 12, and within ~1.5% of its 2-Jun record close. The Nasdaq was the best index performer this week on big upside from semis and memory.

]]>US equities were higher this week with the Dow and Russell 2000 hitting fresh record highs, while the S&P 500 ended up for its 11th week out of the past 12, and within ~1.5% of its 2-Jun record close. The Nasdaq was the best index performer this week on big upside from semis and memory.

]]>02ddac96-967f-4da5-94e0-1998b2f300f0Thu, 18 Jun 2026 16:15:00 -040004:41falsefullEvening Market Recap - Wednesday, 17-JunUS equities were lower in Wednesday trading following a hawkish FOMC. The market is now pricing in a 25bp rate hike by September. It was quiet outside of the Fed, with the market continuing to view the US-Iran deal as done.

]]>US equities were lower in Wednesday trading following a hawkish FOMC. The market is now pricing in a 25bp rate hike by September. It was quiet outside of the Fed, with the market continuing to view the US-Iran deal as done.

]]>e28e19c6-a145-407f-bcb6-8fba7ff92f23Wed, 17 Jun 2026 16:15:00 -040005:39falsefullEvening Market Recap - Tuesday, 16-JunUS equities were mostly lower in Tuesday trading. Market took a bit of a breather after a three-day run higher that saw SOX run up by nearly 16%. ADP weekly private-payrolls report showed average growth of 25.5K over past four weeks

]]>US equities were mostly lower in Tuesday trading. Market took a bit of a breather after a three-day run higher that saw SOX run up by nearly 16%. ADP weekly private-payrolls report showed average growth of 25.5K over past four weeks

]]>83a49742-2e95-4e2a-9c7e-0daede0a08cdTue, 16 Jun 2026 16:15:00 -040004:42falsefullWeekly Market Recap - Friday, 12-JunMajor US equity indices were higher this week following last week's lower performance. The Market was encouraged by reports that the US and Iran are nearing a memorandum of understanding that could include a 60-day ceasefire extension, Hormuz reopening, Iranian commitments not to pursue nuclear weapons, and a framework for broader nuclear talks. Lots of investor attention was also on SpaceX's massive $75B IPO.

]]>Major US equity indices were higher this week following last week's lower performance. The Market was encouraged by reports that the US and Iran are nearing a memorandum of understanding that could include a 60-day ceasefire extension, Hormuz reopening, Iranian commitments not to pursue nuclear weapons, and a framework for broader nuclear talks. Lots of investor attention was also on SpaceX's massive $75B IPO.

]]>d76508e9-6be5-42b0-951e-c4d64c9c3257Fri, 12 Jun 2026 16:15:00 -040004:34falsefullEvening Market Recap - Thursday, 11-JunStocks were up, oil was down, yields were down, and the VIX was down after Trump said tonight's bombing of Iran was cancelled and that Tehran had approved a draft agreement that would extend ceasefire. Big tech was mostly better though MSFT was a drag.

]]>Stocks were up, oil was down, yields were down, and the VIX was down after Trump said tonight's bombing of Iran was cancelled and that Tehran had approved a draft agreement that would extend ceasefire. Big tech was mostly better though MSFT was a drag.

]]>74aa349b-692f-4a27-b944-2a8723a595f0Thu, 11 Jun 2026 16:15:00 -040005:57falsefullEvening Market Recap - Wednesday, 10-JunUS equities were lower in Wednesday trading. Stocks saw another day of rotation out of tech, where semis and memory names again headed lower. Overbought conditions and crowded positioning are still among the factors in the bearish narrative.

]]>US equities were lower in Wednesday trading. Stocks saw another day of rotation out of tech, where semis and memory names again headed lower. Overbought conditions and crowded positioning are still among the factors in the bearish narrative.

]]>0361643a-7b7d-41f7-a3fa-ea9d44cbb999Wed, 10 Jun 2026 16:15:00 -040005:09falsefullEvening Market Recap - Tuesday, 9-JunUS equities mostly lower in Tuesday afternoon trading, though off worst levels. Breadth positive with another day of rotation. Market tangled today with another round of tech weakness, with semis memory giving back much of their Monday rebound. ADP weekly private employment estimate came in at an average of 29K jobs per week.

]]>US equities mostly lower in Tuesday afternoon trading, though off worst levels. Breadth positive with another day of rotation. Market tangled today with another round of tech weakness, with semis memory giving back much of their Monday rebound. ADP weekly private employment estimate came in at an average of 29K jobs per week.

]]>c4be9845-c0a1-4967-b9be-cd15d574679dTue, 09 Jun 2026 16:15:00 -040004:53falsefullEvening Market Recap - Monday, 8-JunUS equities were mostly higher in Monday trading. Semis and memory names were very strong as the groups rebounded off of Friday's big declines. The day's bounce played into a resilient equity market narrative, while strategists continue to highlight earnings growth, AI capex tailwinds, and macro surprise momentum as broader market tailwinds.

]]>US equities were mostly higher in Monday trading. Semis and memory names were very strong as the groups rebounded off of Friday's big declines. The day's bounce played into a resilient equity market narrative, while strategists continue to highlight earnings growth, AI capex tailwinds, and macro surprise momentum as broader market tailwinds.

]]>3be2ab19-4384-4b7d-bfae-2ec5ea6d2a3dMon, 08 Jun 2026 16:15:00 -040005:38falsefullWeekly Market Recap - Friday, 5-JunMajor US equity indices were down this week. The big story this week was the dip in semis/memory and select AI names, accompanied by a rotation into defensives, financials, and healthcare. There was no real movement on the US-Iran conflict despite last week's hopes that a memorandum of understanding was close that could lead to a 60-day ceasefire and further negotiation on sticking points.

]]>Major US equity indices were down this week. The big story this week was the dip in semis/memory and select AI names, accompanied by a rotation into defensives, financials, and healthcare. There was no real movement on the US-Iran conflict despite last week's hopes that a memorandum of understanding was close that could lead to a 60-day ceasefire and further negotiation on sticking points.

]]>30a6af4e-978f-4c5f-b410-9b5db1482d73Fri, 05 Jun 2026 16:15:00 -040004:43falsefullEvening Market Recap - Thursday, 4-JunUS equities were higher in Thursday trading as stocks ended just off best levels. It was a fairly quiet session without much new around the major market themes. In macro news, Challenger Layoffs are up 16% month over month and 3% year over year in May with AI again cited as biggest reason for job cuts.

]]>US equities were higher in Thursday trading as stocks ended just off best levels. It was a fairly quiet session without much new around the major market themes. In macro news, Challenger Layoffs are up 16% month over month and 3% year over year in May with AI again cited as biggest reason for job cuts.

]]>009bc142-1417-4139-a19e-1e23f0cf1f31Thu, 04 Jun 2026 16:00:00 -040005:42falsefullEvening Market Recap - Wednesday, 3-JunUS equities finished lower in Wednesday trading, as stocks ended near worst levels. There were a few headwinds in focus in combination with a higher bar from a nine-day winning streak. ADP Private Payrolls of 122K were ahead of estimates, the highest since January 2025.

]]>US equities finished lower in Wednesday trading, as stocks ended near worst levels. There were a few headwinds in focus in combination with a higher bar from a nine-day winning streak. ADP Private Payrolls of 122K were ahead of estimates, the highest since January 2025.

]]>a77063fc-d62d-4c68-ace8-d0d70cee8211Wed, 03 Jun 2026 16:15:00 -040005:49falsefullEvening Market Recap - Tuesday, 2-JunUS equities were mostly higher in Tuesday trading, though off best levels. Indexes not doing much but bigger stories under the surface. April JOLTS job openings well ahead of estimates, highest since May-24.

]]>US equities were mostly higher in Tuesday trading, though off best levels. Indexes not doing much but bigger stories under the surface. April JOLTS job openings well ahead of estimates, highest since May-24.

]]>5ca0bbbd-c904-4a40-99ef-6f6b30946145Tue, 02 Jun 2026 16:15:00 -040004:26falsefullEvening Market Recap - Monday, 1-JunUS equities were mixed in Monday trading. Oil and yields were up amid the latest cautious Middle East updates. In macro news, May’s ISM Manufacturing index beat, its highest since May 2022.

]]>US equities were mixed in Monday trading. Oil and yields were up amid the latest cautious Middle East updates. In macro news, May’s ISM Manufacturing index beat, its highest since May 2022.

]]>acfa5205-ec87-456e-a3db-a8a10c5fcc8aMon, 01 Jun 2026 16:00:00 -040005:53falsefullWeekly Market Recap - Friday, 29-MayThe S&P 500 and Nasdaq both ended the week at fresh record highs with the S&P 500 up for a ninth-straight week and Nasdaq up for an eighth week in the past nine. Markets continue to price in optimism toward an Iran resolution. Memory was a standout on the latest AI enthusiasm and pricing power.

]]>The S&P 500 and Nasdaq both ended the week at fresh record highs with the S&P 500 up for a ninth-straight week and Nasdaq up for an eighth week in the past nine. Markets continue to price in optimism toward an Iran resolution. Memory was a standout on the latest AI enthusiasm and pricing power.

]]>ab26e7b0-4336-4915-adb5-86ab5a108893Fri, 29 May 2026 16:15:00 -040004:13falsefullEvening Market Recap - Thursday, 28-MayUS equities were higher in Thursday trading. Stocks were up and yields were down with the market considering the latest updates around the US/Iran, including an earlier report that stated that a deal on 60-day ceasefire has been reached, but has yet to be signed off on by Trump. Momentum trades returned to market leadership position after slight weakness Wednesday as AI optimism narrative remains intact, while software got a boost from positive takeaways from the latest earnings releases.

]]>US equities were higher in Thursday trading. Stocks were up and yields were down with the market considering the latest updates around the US/Iran, including an earlier report that stated that a deal on 60-day ceasefire has been reached, but has yet to be signed off on by Trump. Momentum trades returned to market leadership position after slight weakness Wednesday as AI optimism narrative remains intact, while software got a boost from positive takeaways from the latest earnings releases.

]]>db10ee42-6db6-49b8-b790-5c3e72ad27bdThu, 28 May 2026 16:15:00 -040006:30falsefull