Market Pulse

Jun 27

  IndexLast Week1-Month (Trailing)YTD
DJIA
      +0.60%
      +1.65%
      +7.93%
S&P 500
      -1.95%
      -2.98%
      +7.43%
Nasdaq
      -4.60%
      -6.21%
      +8.84%
Russell 2000
      +1.02%
      +3.11%
      +21.28%
MSCI EAFE
      -1.30%
      -0.64%
      +8.47%
MSCI EM
      -4.47%
      -1.88%
      +23.45%
Bloomberg U.S. Agg
      +0.45%
      +0.88%
      +1.11%
Bloomberg U.S. Corp HY
      -0.22%
      +0.14%
      +1.51%
Data as of: Friday, June 26, 2026

See important disclosures below.

Weekly Recap

06/22/2026 - 06/26/2026

U.S. Economy

Core PCE matched consensus; spending and income beat

President Trump threatened European DST countries with 100% tariffs

Equity Market

Mixed week masked strong equal-weight market breadth

Big Tech dragged Nasdaq; healthcare and utilities outperformed

Bond Market

Treasuries firmed as lower oil eased inflation concerns

Yield curve flattened despite renewed Fed hike forecasts

Around the Globe

Oil fell back near pre-Iran conflict levels

Gold, Bitcoin, dollar reflected broader risk recalibration

The Week Ahead…

06/29/2026 - 07/03/2026

Mon

```
Dallas Fed Index (Jun)
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AeroVironment earnings
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Tue

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JOLTS Job Openings (May)
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Consumer Confidence (Jun)
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Nike, Constellation Brands earnings
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Wed

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ADP Employment (Jun)
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ISM Manufacturing (Jun)
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FactSet, General Mills earnings
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Thu

```
Nonfarm Payrolls (Jun)
```
```
Factory Orders (May)
```
```
Weekly Jobless Claims
```

Fri

U.S. markets closed - Independence Day (Observed)

The week ahead brings a shortened but data-heavy calendar, with investors likely focused on whether economic momentum is softening enough to support additional Fed easing without signaling a sharper slowdown. Monday starts quietly with the Dallas Fed Index for June and AeroVironment earnings.

Tuesday and Wednesday bring a broader look at labor demand, consumer sentiment, and business activity. JOLTS job openings for May and Consumer Confidence for June will help frame the health of the consumer and employment backdrop, while Nike and Constellation Brands earnings may offer useful reads on discretionary spending. Wednesday’s ADP employment report and ISM Manufacturing Index will add further color on hiring and industrial activity, with FactSet and General Mills also reporting.

The key release comes Thursday with June nonfarm payrolls, alongside factory orders and weekly jobless claims. Markets will then close Friday in observance of Independence Day, likely concentrating trading attention earlier in the week.

-Matt Shaw, CFA

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This report and the opinions provided herein are for informational purposes only, are not a solicitation, and should not be considered investment advice or a recommendation to buy, sell, or hold any particular security or investment. All opinions expressed herein constitute the author’s judgement as of the date of this document and are subject to change without notice. Statements made are not facts, including statements regarding trends, market conditions and the experience or expertise of author are based on current expectations, estimates, opinions and/or beliefs. Such statements are not facts and involve known and unknown risks, uncertainties and other factors. Past events and trends do not predict or guarantee or indicate future events or results. Information cited in this report has been drawn from sources believed to be reliable and was captured at a point in time. Therefore, the data is subject to change and its accuracy is not guaranteed. DJIA, S&P, Russell 2000, and NASDAQ indices are referenced directly; MSCI EAFE, MSCI EM, BB U.S. Aggregate, Bloomberg U.S. Corp. HY, and all sector figures refer to the respective ETFs as a representative figure. Ategenos Capital, LLC d/b/a AC Wealth Partners does not own or control and is not affiliated with any third-party content provided via hyperlink, quoted, or cited herein. Investors seeking more information should contact their financial advisor. Investing involves risk, including the possible loss of principal. It is not possible to invest directly in an index. Past performance does not guarantee future results. AC Wealth Partners is an investment adviser registered with the SEC. SEC registration does not imply any specific level of training or skill.

Matt Shaw