<Full-day Takeaway>HSI Closes at 24,407, Down 157 pts; HSTI Closes at 4,724, Down 44 pts; XIAOMI Down over 3%; HUISHANG BANK, KINGBOARD HLDG Hit New Highs; Market Turnover Rises
http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1528447/popular-news/AAFN

Applied Materials boosts Singapore manufacturing operation with US$500 million campus to meet AI chip demand
https://www.businesstimes.com.sg/singapore/applied-materials-boosts-singapore-manufacturing-operation-us500-million-campus-meet-ai-chip-demand

Daily Debrief: What Happened Today (Jun 10)
https://www.businesstimes.com.sg/international/daily-debrief-what-happened-today-jun-102

Japan wholesale inflation accelerates to fastest in three years as energy costs spike
https://www.businesstimes.com.sg/international/japan-wholesale-inflation-accelerates-fastest-three-years-energy-costs-spike

Bank of Japan governor Ueda hospitalised, will miss June meeting

https://www.businesstimes.com.sg/companies-markets/banking-finance/bank-japan-governor-ueda-hospitalised-will-miss-june-meeting

https://vt.tiktok.com/ZSQaoQXwS/

Evening Update: Today’s headlines from The Straits Times on June 10, 2026
https://str.sg/5JXY

https://youtube.com/shorts/SX5m4BB_sx8?si=0KqvXZORLqRymdk1

#SgMarketUpdate
Singapore shares end lower after Middle East conflict intensifies; STI down 1.3%

Singapore stocks closed lower on Wednesday (Jun 10).

This came after a wave of new strikes by the US against Iran, which led to retaliatory attacks by Iran on American bases in the Gulf, Reuters reported.

The Straits Times Index (STI) lost 1.3 per cent or 64.4 points to finish at 4,958.85; it fell as much as 1.7 per cent earlier in the day.

Wilmar International : F34 +3.24% led the gainers on the blue-chip barometer, rising 3.2 per cent or S$0.11 to S$3.50.

The worst performer among the STI’s constituents was Thai Beverage : Y92 -3.41%, which sank 3.4 per cent or S$0.015 to S$0.425.

The local banks all ended lower.

DBS : D05 -3.03% fell 3 per cent or S$1.93 to S$61.83, after falling as low as S$61.63 in the first hour of trading. OCBC : O39 -2.39% closed 2.4 per cent or S$0.57 lower at S$23.23, and UOB : U11 -1.3% was down 1.3 per cent or S$0.50 at S$37.88.

Major technology stocks such as AEM : AWX -6.77% in Singapore fell as well, tracking Wall Street’s reversal after two days of gains.

The S&P 500 and Nasdaq indices fell on Tuesday as a rebound in technology shares faded and investors continued rotating out of tech stocks.

Across the broader market, gainers trailed losers 260 to 337, after 1.5 billion securities worth S$2.6 billion changed hands.

Key regional indices were mixed.

Hong Kong’s Hang Seng Index lost 0.6 per cent, Japan’s Nikkei 225 fell 1.9 per cent and South Korea’s Kospi was down 4.5 per cent. Meanwhile, the FTSE Bursa Malaysia KLCI advanced 0.2 per cent.

The prices of West Texas Intermediate crude oil rose more than 1 per cent to surpass US$89 a barrel after the latest round of attacks, and eased to US$87.90 in the evening in Asia...

https://bt.sg/GeMv4

Stocks making the biggest moves premarket: Super Micro Computer, Nike and more

https://www.cnbc.com/2026/06/10/stocks-making-the-biggest-moves-premarket-smci-crbl-nke-cava.html?__source=androidappshare

U.S. strikes Iran, SpaceX's unique IPO and more: Morning Squawk

https://www.cnbc.com/2026/06/10/5-things-to-know-before-the-stock-market-opens.html?__source=androidappshare

Gold falls 2% as dollar rises ahead of crucial inflation report
https://finance.yahoo.com/markets/article/gold-falls-2-as-dollar-rises-ahead-of-crucial-inflation-report-113341333.html

Governments Sell Bonds at Record Pace as Spending Soars
https://finance.yahoo.com/economy/policy/articles/governments-selling-bonds-record-pace-070110557.html

At Musk’s Starbase, the rise of SpaceX brings fortunes and fractures
https://finance.yahoo.com/economy/articles/musk-starbase-rise-spacex-brings-100501977.html

SpaceX fever is testing the chip trade: Chart of the Day
https://finance.yahoo.com/markets/article/spacex-fever-is-testing-the-chip-trade-chart-of-the-day-100000045.html

Live: CPI inflation report reveal
https://finance.yahoo.com/economy/article/jobs-report-payrolls-expected-to-show-further-growth-in-may-with-unemployment-holding-steady-145525382.html

#USMarketUpdate
Dow drops 650 points to session lows as Trump doubles down on Iran threat:
Live updates

U.S. equities fell on Wednesday after President Donald Trump signaled that negotiations with Iran were taking “too long” and threatened more action...

Major averages dropped to their session lows after Trump pledged more Iran attacks, saying that “we’re going to be attacking them very hard.” He wrote early Wednesday that Iran has “taken too long to negotiate a deal that would have been great for them, now they will have to pay the price!!!.”

Oil prices rose after Trump’s threats. West Texas Intermediate crude futures climbed 2.8% to top $90 a barrel.

Tensions in the Middle East ramped up again Tuesday evening, after U.S. forces launched strikes against Iran “in response to [Monday’s] downing of a U.S. Army Apache helicopter,” U.S. Central Command said. Trump had earlier accused Iran of shooting down the helicopter, which he said was patrolling over the Strait of Hormuz...

https://www.cnbc.com/2026/06/09/stock-market-today-live-updates.html?__source=androidappshare

🔗 Trade alongside Gareth and the team in the Apex Live Day Trading Room: https://verifiedinvest...​

Markets are showing a massive "change in character" today. In this morning's Trading Game Plan, Chief Market Strategist Gareth Soloway breaks down the newly released CPI economic data. While inflation is still north of 4% year-over-year, core month-over-month came in cool at 0.2% (vs. 0.3% expected). The markets are breathing a sigh of relief — but the charts are telling a completely different story.

For the first time since the massive rally began in late March 2026, both the S&P 500 and NASDAQ have put in a new lower low. Is this the start of a major macro downtrend? Gareth maps out the exact technical levels you need to watch, plus why oil is completely ignoring the escalating US-Iran conflict in the Strait of Hormuz and how the impending midterm elections are already priced in.

📊 IN THIS EPISODE:
🔵 CPI Breakdown - Core MoM cools to 0.2% vs. 0.3% expected, but YoY inflation holds north of 4%
🔴 S&P 500 & NASDAQ - First new lower low since the late March 2026 rally began: a true "change in character"
🔵 Oil & Geopolitics - Crude shrugs off the escalating US-Iran conflict in the Strait of Hormuz
🔵 Midterm Elections - Why the political risk is already priced into this market
🔵 SpaceX IPO Watch - Key levels and updates ahead of Friday's highly anticipated debut
🔴 Silver - Testing the critical $64 make-or-break line
🟢 Gold - Setting up to tag major support at $4,100
🟢 Bitcoin - Direct chart analysis and the latest key trading levels

Don't trade blind today. Watch now to get Gareth's precise market forecasts and exact support/resistance levels before the closing bell!

⏱ TIMESTAMPS (estimated)
0:00​ - Intro: A "Change in Character" in the Markets
1:30​ - CPI Data Breakdown: Cool Core, Hot Year-Over-Year
3:30​ - S&P 500 & NASDAQ: The First Lower Low Since March
6:00​ - Oil Ignores Iran + Midterms Already Priced In
8:00​ - SpaceX IPO: Key Levels Ahead of Friday
9:30​ - Silver's $64 Line & Gold's $4,100 Support
11:30​ - Bitcoin & Today's Biggest Moving Stocks

#Trading​ #CPI​ #GarethSoloway​ #TechnicalAnalysis​ #Stocks​ #StockMarket​ #SP500​ #NASDAQ​ #Gold​ #Silver​ #Bitcoin​ #Crypto​ #Oil​ #Inflation​ #DayTrading​ #SwingTrading​ #MarketAnalysis​ #TradingGamePlan​ #SupportAndResistance​ #VerifiedInvesting​

https://www.youtube.com/live/Gi6wzz0o7Os?si=ga9SxvRwUgW4Peh_

Americans reel from surging prices, from gas to airfare
https://finance.yahoo.com/economy/article/wallet-check-yes-high-gas-prices-hurt-so-do-a-lot-of-other-costs-174715949.html

Inflation soars to highest level in 3 years
https://finance.yahoo.com/economy/article/annual-cpi-inflation-surges-to-42-in-may-the-highest-level-since-2023-as-energy-prices-rise-182143107.html

#USMarketUpdate
Stocks slide as techs falter amid surging inflation

US stocks moved sharply lower on Wednesday after consumer inflation soared to its highest level in three years and renewed US-Iran military clashes cast doubt on the odds for peace talks.

The focus Wednesday was on May's CPI report, which showed consumer prices rose at the fastest rate since May 2023. The 4.2% annual rise in CPI inflation was in line with expectations; however, the hot reading may boost bets that the Federal Reserve will hike interest rates this year.

Energy prices remained the biggest driver of inflation, amid the protracted war with Iran.

Tensions between the US and Iran ramped back up, with the two sides trading strikes overnight after the downing of an Apache helicopter.
President Trump said on Wednesday that Iran has "taken too long" to negotiate and would have to "pay the price." Later, he told reporters that the US would “hit” Iran “very hard” today. Oil prices jumped.

The tech sector is taking another bruising as the rotation out of the AI trade continues, as concerns around OpenAI (OPAI.PVT) and Anthropic's (ANTH.PVT) mega-IPOs build. Eyes are now on Oracle (ORCL) results due after market close, as the company counts OpenAI as a customer. Details of its cloud business are in focus, amid fluctuations in the AI trade.

The main event of the week lands on Friday, with the expected IPO of Elon Musk's SpaceX (SPCX). Its debut is expected to mark the largest public offering in history.

https://finance.yahoo.com/markets/live/stock-market-today-wednesday-june-10-dow-sp-500-nasdaq-may-cpi-report-215056384.html

#USMarketUpdate
Wall Street indexes fall more than 1%, hit by tech, Iran war worries | Reuters

SUMMARY
May consumer prices data largely in line with estimates
Super Micro Computer drops after plan to raise $7 billion
Trucking shares down after Amazon launches LTL freight offering
Indexes: Dow down 1.9%; S&P 500 down 1.6%; Nasdaq down 2%

June 10 (Reuters) - The major U.S. stock indexes ended more than 1% lower on Wednesday, with chipmaker shares extending recent declines ‌and with renewed tensions between the U.S. and Iran adding to investor uncertainty.

President Donald Trump said the U.S. would attack Iran again if no peace deal is secured. The threat followed one of the most significant exchanges of hostilities in two months in the Middle East war.

An index of semiconductors (.SOX), opens new tab fell 3.6%, with Nvidia (NVDA.O), opens new tab and Broadcom (AVGO.O), opens new tab among the ​biggest drags on the S&P 500. Investors have been worried about stretched valuations in the group.

The S&P 500 technology sector (.SPRLCT), opens new tab ended down ​11% from its June 2 record high close, confirming a correction.

The Cboe Volatility Index (.VIX), opens new tab, Wall Street's fear gauge, added ⁠to recent gains...


Adding to the down move, shares of trucking companies XPO (XPO.N), opens new tab, J.B. Hunt (JBHT.O), opens new tab and Old Dominion (ODFL.O), opens new tab fell after Amazon (AMZN.O), opens new tab announced expansion of its less-than-truckload freight services in the U.S. Industrials (.SPLRCI), opens new tab dropped 3.4%, leading sector decliners...

The Federal Reserve is widely expected ​to hold interest rates steady at its June policy meeting. Investors are pricing in at least one 25-basis-point rate hike by the end of the year.

Friday's U.S. jobs ‌report was ⁠stronger than expected.
On Wednesday, U.S. consumer prices increased 4.2% in the 12 months through May, the largest gain since April 2023, data showed, as the Middle East conflict raised the price of gasoline and other energy products.

The pace of increase was, however, in line with forecasts, as per a Reuters poll of economists.

After the closing bell, Oracle (ORCL.N), opens new tab shares were down about 1% following the release of its results.

During the regular session, Super Micro Computer (SMCI.O), opens new tab tumbled 28% after ​it announced plans to raise $7 billion ​through a series of equity ⁠and equity-linked financing transactions to fund component purchases for its growing AI server demand.

The rotation out of high-flying technology shares has helped other areas of the markets that have lagged this year, including healthcare, real estate and consumer ​staples.

The much-hyped $1.75 trillion listing of SpaceX (SPCX.O), opens new tab on Friday, targeting a record $75 billion raise, could also pressure U.S. stocks ​as concerns mount over ⁠excessive optimism in the tech sector.


https://www.reuters.com/business/media-telecom/wall-st-futures-slip-tech-losses-mount-ahead-key-inflation-data-2026-06-10/

Wall Street indexes fall more than 1%, hit by tech, Iran war worries
https://www.straitstimes.com/business/companies-markets/wall-street-indexes-fall-more-than-1-hit-by-tech-iran-war-worries

SpaceX IPO whips Elon Musk fans into frenzy: ‘The more, the better’
https://www.straitstimes.com/business/companies-markets/spacex-ipo-whips-elon-musk-fans-into-frenzy-the-more-the-better