US Stocks Hold Broadly Higher
2026-06-09 14:22
By
Andre Joaquim
1 min. read
US equities held their broad gains on Tuesday as energy prices pulled back and improved the outlook on credit conditions.
The S&P 500 and the Dow were 0.5% higher, while the Nasdaq 100 was near the flatline to hold yesterday's rebound.
Oil and fuel prices eased as signs of de-escalation since the weekend paved the way for negotiations between Tehran and Washington for a potential agreement that restores energy exports.
Equities were supported by a rebound for Treasuries as markets gauged whether the Fed will deliver a rate hike this year.
Pressure on fixed-income will be tested again tomorrow with May's inflation rate, set to rise further.
Asset managers were sharply higher as markets reconsidered risks on private credit redemptions, with Blackstone and KKR adding 5%.
Alphabet and Meta added 2% each to make up for recently-lost ground.
OpenAI confidentially filed for an IPO and Anthropic raised more cash, pointing to more spending on AI infrastructure, although chip producers stalled.