EPISODE · Jun 4, 2026 · 13 MIN
Tech Wobbles Snap Nine-Day S&P500 Winning Streak
from MPC Markets Morning Call · host MPC Markets
The S&P 500's nine-day winning streak finally snaps — but is this the pullback we've been waiting for, or just a blip?In today's morning call, Jonathan Takadani breaks down the overnight session and what it means for Australian investors:S&P 500 down 0.9%, Dow off 1.2% — first red day in nine sessionsTech sector leads losses, down 1.5%, while energy is the lone green sectorCrude oil still range-bound around $93 — Chevron CEO flagging July as a danger period for suppliesWoodside hitting $30 and looking attractive on the dipGold & Silver at the lower end of range — still bullish on precious metals long-termCopper & BHP pulling back after fresh record highsLithium names (PLS, Liontown, MIN) seeing their first pullback after a strong runCrowdStrike & Palo Alto — muted post-earnings reaction raises the question: is this the top?Micron & ASML bucking the trend with new highsASX choppy around 8,700 — banks key to watch, with CBA finding resistance at $165Iran deal uncertainty adding to the macro noise. Jonathan also flags Northern Star with activist investor interest emerging.📅 Tune in each morning for charts, key levels, and what's moving markets.
What this episode covers
The S&P 500's nine-day winning streak finally snaps — but is this the pullback we've been waiting for, or just a blip?In today's morning call, Jonathan Takadani breaks down the overnight session and what it means for Australian investors:S&P 500 down 0.9%, Dow off 1.2% — first red day in nine sessionsTech sector leads losses, down 1.5%, while energy is the lone green sectorCrude oil still range-bound around $93 — Chevron CEO flagging July as a danger period for suppliesWoodside hitting $30 and looking attractive on the dipGold & Silver at the lower end of range — still bullish on precious metals long-termCopper & BHP pulling back after fresh record highsLithium names (PLS, Liontown, MIN) seeing their first pullback after a strong runCrowdStrike & Palo Alto — muted post-earnings reaction raises the question: is this the top?Micron & ASML bucking the trend with new highsASX choppy around 8,700 — banks key to watch, with CBA finding resistance at $165Iran deal uncertainty adding to the macro noise. Jonathan also flags Northern Star with activist investor interest emerging.📅 Tune in each morning for charts, key levels, and what's moving markets.
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Tech Wobbles Snap Nine-Day S&P500 Winning Streak
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