US Trade Gap Narrows as Oil Exports Offset AI-Driven Imports

Published on June 9, 2026

The US trade deficit narrowed in April as a surge in oil exports helped offset ongoing increases in imports of equipment powering the data center buildout.

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Existing Home Sales Reach Highest Level of 2026

June 9, 2026
Existing home sales reached their highest level of the year in May, rising 3.2% after a 0.7% increase in April. According to the National Association of Realtors (NAR), sales reached a seasonally adjusted annual rate of 4.17 million units, surpassing the projected 4.07 million.

JPMorgan Sees Stocks Powering Through Any Short, Sharp Pullbacks

June 9, 2026
US stocks have further to run as corporate earnings growth underpins sentiment despite some signals suggesting equities may have risen too far, JPMorgan Asset Management’s Jack Caffrey said.