Wall Street Roars, But Clouds Gather - Friday 6 June

Markets surged after a better-than-expected U.S. jobs report pushed the S&P 500 back above 6,000 and sent the Dow into positive territory for the year. But behind the gains, warnings about growth, trade, and inflation continue to mount. We break down the week’s final moves — from Wall Street to Wellington — and what they mean for the global economy heading into summer. ⏱ Show Notes / Timestamps 00:00 – Intro: Jobs up, markets higher, but risks remain 00:45 – Wall Street: S&P reclaims 6,000, Dow turns positive for 2025 02:10 – U.S. Data: Nonfarm payrolls, wages, and Fed outlook 03:20 – Trade Talks: Trump and Xi agree to resume negotiations 04:00 – London: FTSE gains, house prices dip, Dr Martens rallies 05:10 – Europe: GDP revised higher, but German trade weak 06:30 – Market Movers: Canal+, Prudential, Adidas, Puma, Phoenix Group 07:30 – Asia-Pacific: Mixed session, Trump-Xi call, cautious sentiment 09:00 – India: Surprise 50bp rate cut, 7.4% GDP growth 09:40 – China: Demand drag, deflation risks, regional spillovers 10:30 – Wrap: Momentum holds — but all eyes on summer signals