Latest / MPC Markets Morning Call
Freakout Friday into Mild Rebound Monday
Freakout Friday, Mild Rebound Monday — MPC Markets Morning Call | 9 June 2026Wall Street's worst day of 2026 was followed by a cautious rebound. Here's what happened overnight and what it means for Australian investors today.Friday's blowout May jobs report (172k vs 85k expected) sent the Nasdaq down 4.2% and the S&P 500 down 2.6%, snapping a nine-week winning streak. Chip stocks lost over $1 trillion in a single session. Then on Monday, dip buyers returned — the SOX rallied 5.6%, Intel surged 11.2% on a Google AI chip deal, and the S&P clawed back 0.3%. But breadth was razor-thin: only three…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.