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Daily Wrap-Up: Melting Up | June 9, 2025

By March 28th, 2026General Articles2 min read

Monday’s S&P 500 index futures session was a somewhat sleepy affair, with a narrow range that barely stirred the pot. Still, the bulls eked out a modest win.

Overnight, things were quiet, but the bulls dug in, setting a firm support above the daily pivot at 5992.25, which held as the day’s low. The regular session opened green, only to slip into the red early on. A mixed April wholesale trade report seemed to light a match under the bulls, who battled to hold the line at unchanged before pushing past the premarket high after lunch, teasing a breakout.

The rally peaked at 6027.75, just nudging past last week’s high, but the bears and profit-takers swooped in during the final hour, slashing most of the day’s gains. The close landed nearly exactly at the session’s midpoint at 6010.25, gaining a measly 3.50 handles. 

Tuesday’s light earnings and macro data slate won’t likely shake things up much either.

Tesla Inc (NASDAQ: TSLA) dominated as the biggest winner among top components for the second day running, surging $13.44, or 4.55%, to $308.58. With its Robotaxi launch in Austin on the horizon, the EV giant’s momentum is electric.

That leap smoked the cash index’s measly 0.09% crawl by over 50 times.

Conversely, Apple Inc (NASDAQ: AAPL) stumbled, dropping $2.47, or 1.21%, to $201.45. Its latest software announcements fizzled, lacking the AI spark investors were banking on.