Overnight Global Macro Market ReportTuesday, June 9, 2026
Global Overview
Markets enter Tuesday in repair mode after Friday’s historic tech-led liquidation and Monday’s rebound.
Friday was the defining event: the Nasdaq fell more than 4%, the S&P 500 lost 2.6%, and semiconductors were hit aggressively, with the SOX down more than 10%. Monday and overnight trade are now being judged through one question: was Friday the start of a broader liquidation cycle, or was it a trapped-position flush that buyers are now fading?
The overnight answer is constructive, but not fully resolved. U.S. futures are higher, led by Nasdaq, as investors buy the tech dip and oil falls after Iran and Israel halted attacks. Dow futures are up modestly, S&P futures are stronger, and Nasdaq futures are leading again. Full Report