Financial Market Preview - Monday 8-Jun

US equities fell sharply on Friday, with the S&P 500 index breaking its streak of nine consecutive weekly gains. The Nasdaq experienced its worst week since Apr-24. Bonds fell. The US 10-year treasury yield increased by 2 bps to 4.5% after backing up sharply on Friday amid very strong US employment data. The US dollar remained steady against the Japanese yen but softened against the euro, British pound sterling, and Australian dollar. Oil prices rose, with WTI climbing more than 4% above $94/bbl. Gold prices declined. Industrial metals also fell. Bitcoin remained near its ytd low.Companied Mentioned: Incyte, Tate & Lyle, Spotify Technology