Global Market Morning Brief – Tuesday, June 10, 2025 | Recap of Monday, June 9

Markets across the globe started the week with modest moves, reflecting investor caution amid sector-specific volatility, strong trading volumes in Israel, and renewed momentum in cryptocurrencies.

🇮🇱 Tel Aviv Stock Exchange: Mild Declines, Heavy Trading Activity

The Israeli markets ended Monday slightly in the red, with most indices retreating:

• TA-35 fell by 0.22% to 2,729.64 points, with a notably high turnover of ₪949 million.
• TA-90 declined 0.14% to 2,849.27 points.
• TA-125 dropped 0.20% to 2,746.47 points.
• All Bond Index edged down by 0.02%, though bond market turnover exceeded ₪4.2 billion.
• The Short-Term Bond Index remained flat, while Tel Bond-Linked A and Tel Bond 60 Linked slipped by 0.10% and 0.06%, respectively.

In total, trading volume stood at ₪1.87 billion in equities and ₪5.4 billion in bonds, with more decliners than advancers across most indices – signaling underlying pressure in the market.

🌍 Global Markets: Asia Positive, Europe Mixed, Wall Street Steady

United States:

• S&P 500 gained 0.09% to 6,005.88.
• Nasdaq rose 0.31% to 19,591.24.
• Russell 2000 advanced 0.57%.
• Dow Jones was flat at 42,761.76.
• The VIX jumped 2.33% to 17.16, indicating heightened volatility expectations.

Europe:

• EURO STOXX 50 increased by 0.20%, while FTSE 100 edged down 0.06%.
• DAX fell 0.54%, and CAC 40 lost 0.17%.
• Overall, European indices were mixed, with modest movements.

Asia-Pacific:

• Nikkei 225 led gains, rising 0.93% to 38,441.29.
• S&P/ASX 200 climbed 0.76%.
• Hang Seng added 0.33%.
• Shanghai Composite rose by 0.11%.

🛢️ Commodities & Currencies: Dollar Strengthens, Precious Metals Retreat

• Gold fell 0.85% to $3,326.50.
• Brent crude oil gained 0.18% to $66.39 per barrel.
• Crude oil (WTI) increased 0.14% to $65.38.
• The U.S. Dollar Index rose 0.26%, while:
  • EUR/USD dropped 0.24% to 1.1396.
  • USD/JPY strengthened by 0.25% to 144.91.

💵 U.S. Treasury Yields: Decline in Long-Term Bonds

• 10-Year Yield dropped to 4.482% (–0.62%).
• 5-Year Yield declined sharply to 4.086% (–0.97%).
• 30-Year Yield moved down to 4.954% (–0.18%).

Falling yields indicate renewed demand for U.S. government debt amid potential economic softness.

📈 Top Gaining Stocks: Explosive Moves in Biotech and Tech

• Klotho Neurosciences (KLTO) soared +787.8%, likely due to positive trial results.
• Newegg (NEGG) jumped +31.6%.
• Tesla (TSLA) rose +4.55%, AMD up +4.77%, Qualcomm +4.13%.
• Intuitive Surgical (ISRG) dropped -5.55%, Edison International (EIX) fell -8.07%.
• Apple (AAPL) slipped -1.21%.

🪙 Cryptocurrency Rally: Bitcoin and Ethereum Surge

• Bitcoin (BTC-USD) surged +3.56% to $109,469.
• Ethereum (ETH-USD) soared +7.86% to $2,687.
• Solana and Dogecoin gained 5.09% and 5.91%, respectively.
• XRP remains the standout performer of the year with a +371.66% 12-month return.

📊 S&P 500 Sector Overview: Diverging Returns

• Basic Materials lead YTD performance with +10.08%.
• Industrials and Communication Services are each up +8%.
• Technology remains flat at +0.79% YTD.
• Consumer Cyclical lags with a –3.56% return.

🔍 Summary:

The global markets entered the week with cautious optimism. Israeli markets showed high activity despite mild declines, U.S. equities remained stable, and Asia surged with positive momentum. Meanwhile, the crypto market reignited with sharp rallies, indicating growing risk appetite among investors.