United States
US equities retreated sharply during the week ending 6 June, with the S&P 500 (^GSPC) declining 2.85% to $7,383.74 and the Nasdaq (^IXIC) dropping 5.09% to $25,709.43. The Dow Jones (^DJI) proved more resilient, falling just 0.42% to $50,866.78, while the Russell 2000 (^RUT) shed 2.49% to $2,833.50. Trading ranged widely; the S&P 500 fluctuated between $7,368.63 and $7,620.90.
Technology stocks bore the brunt of selling pressure. Coinbase (COIN) plummeted 16.54% to $152.40, while Broadcom (AVGO) fell 16.14% to $385.73. Microsoft (MSFT) declined 9.52% to $416.67, and semiconductor heavyweights Nvidia (NVDA) and AMD (AMD) each lost 8.58%, closing at $205.10 and $466.38 respectively.
Italy
The FTSE MIB (FTSEMIB.MI) bucked broader weakness, gaining 0.24% to €49,893.00 for the week. Energy stocks delivered gains: Eni (ENI.MI) rose 2.30% to €23.55, while STMicroelectronics (STMMI.MI) advanced 5.92% to €62.81. Stellantis (STLAM.MI) declined 6.84% to €6.22, and Moncler (MONC.MI) fell 1.17% to €54.18, paring broader index strength.
Week ahead
Economic data releases and corporate guidance will dominate coming sessions. Market focus remains on technology sector stabilisation and macroeconomic signals.