---
title: "Stock Market Today: June 9, 2021"
description: The stock market started positively yesterday after a widespread outage took several websites down in the early morning. However, the major indexes closed the session on a mixed note. Looking to the day ahead, the U.S. futures are suggesting a modestly higher start to the trading day.
image: https://investor.valueline.com/hubfs/social-suggested-images/iStock_000006488152XSmall-428.jpg
---

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[Stock Market Today](https://investor.valueline.com/blog/topic/stock-market-today)

# Stock Market Today: June 9, 2021

 June 9, 2021

### **Before The Bell**

The stock market started positively yesterday after a widespread outage took several websites down in the early morning. The Dow Jones Industrial Average, NASDAQ, and S&P 500 were not far from their all-time highs. However, this momentum quickly reversed course in short order as traders could not move past these levels, falling for a brief spell. Still, the indices rebounded soon after this and then trended sideways through much of the afternoon. However, this price action left the Dow behind. All told, the Dow closed off 30 points, the S&P 500 was up 1 point, and the NASDAQ finished higher by 43 points.

Momentum was more positive than the indices’ price movement would suggest. Advancers outpaced decliners by a 1.8-to-1.0 ratio on the day. Energy issues were among the best performers, aided by a rise in the related commodities. On the other hand, utilities and consumer staples stocks were among the weakest. U.S. Treasury Bond yields had a slightly positive day, with most yields edging higher. The VIX Volatility Index was higher as demand for options protection increased.

The futures markets started slowly, not moving too far from the closing prices in the yesterday’s session. This low price volatility continued through much of the evening. Too, they held steady when a report surfaced that manufacturing data in China showed higher inflation levels than at any point since 2008. The situation had not changed much by early morning, suggesting a directionless to modestly higher start to the trading day.

Looking ahead, there don’t appear to be many events that will impact today’s trading session. To start, the economic calendar is quite light. The major report slated for release concerns wholesale inventories, which will likely not affect trading too much today. However, economic data releases will pick up tomorrow with the CPI for May and other inflationary and job data on the docket. Likewise, the earnings calendar is also rather barren, though it does include meme-stock GameStop ([GME](https://research.valueline.com/research#sec=company&sym=GME)) after the close. Trading ahead of its release could drive the day’s performance in some of the more volatile issues. Overall, we think that market trading will be driven by changes in sentiment concerning the U.S.’s recovery from the coronavirus pandemic.

– John E. Seibert III

*At the time of this article’s writing, the author did not have positions in any of the companies mentioned.*

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