NFIB Small Business Survey: Lowest Level Since October 2024

Published on June 9, 2026

The NFIB Small Business Optimism Index dropped 0.6 points to 95.3, reaching its lowest level since October 2024. The index remains below its historical average for a third straight month.

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Trade Deficit Shrinks 1% in April

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The U.S. trade deficit shrunk just over 1% in April to $55.88B after expanding nearly 3% the previous month. The latest reading barely missed the forecast of -$56.20B.

SpaceX, Anthropic, OpenAI Can Rewrite History for Megacap IPOs

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The history of megacap initial public offerings shows that the stocks usually slump in the first year of trading. But upcoming listings from SpaceX, Anthropic and OpenAI are big enough and systemically important enough to the market that those analogies may not apply.