US Stock Market Sees Gains in June Amid Trade Tensions

The US stock market started June with gains, driven by megacap tech stocks, despite trade tensions. The S&P 500 rose 0.4%. Despite headwinds, US indexes managed to overcome the latest trade tensions flare-up. The article notes that gains in megacap tech stocks contributed to the market's growth.

The US stock market started June with gains, driven by megacap tech stocks, despite ongoing trade tensions. The S&P 500 rose 0.4% on Monday, June 4, 2025, marking a positive opening to the month. Despite the recent flare-up in global trade tensions, US indexes managed to overcome the headwinds and continue their upward trajectory.

The gains in megacap tech stocks, such as Microsoft (MSFT), Meta Platforms (META), and Apple (AAPL), contributed significantly to the market's growth. These stocks have been among the top performers in the market, accounting for over 40% of the S&P 500's total return since April 8, 2025, according to S&P Dow Jones Indices [3].

The tech sector received a fresh boost on Thursday, June 3, 2025, as shares of Nvidia (NVDA) gained 3% after the AI chipmaker's sales beat quarterly expectations. This positive performance in the tech sector helped to lift the broader market, as investors remained optimistic about the economic backdrop and the improving earnings outlook.

While trade tensions have been a persistent concern, recent developments in the trade landscape have provided some relief. For instance, the Trump administration's new measures that "seriously undermine" the trade agreement with China have been a source of worry, but the market has shown resilience in the face of these challenges [2].

Energy sector shares also performed well on Monday, with crude oil prices surging after the OPEC+ group decided to raise output. This move helped to boost the shares of oil majors such as Exxon Mobil (XOM) and Chevron (CVX) [2].

Despite the positive performance of the market, investors should remain vigilant about the potential risks associated with trade tensions and other geopolitical factors. The market's resilience in the face of these challenges is a testament to its strength and adaptability, but ongoing volatility is a possibility.

In conclusion, the US stock market began June with gains, driven by megacap tech stocks and the broader market's resilience in the face of trade tensions. The market's performance has been supported by positive earnings reports and an improving economic backdrop, but investors should continue to monitor the evolving trade landscape and other potential risks.

References:
[1] https://www.nasdaq.com/articles/why-nucor-nue-outpaced-stock-market-today
[2] https://www.investopedia.com/dow-jones-today-06022025-11746163
[3] https://money.usnews.com/investing/news/articles/2025-05-30/analysis-investors-see-us-stocks-rally-broadening-even-as-magnificent-seven-rebound