S&P 500 up 1.75% — Market Pulse · Jun 11, 2026

U.S. stocks staged a broad rebound on June 11, reversing much of the prior session’s risk-off tone. The S&P 500 climbed 127.31 points to 7394.30, the Nasdaq Composite gained 640.16 to 25809.66, the Dow rose 929.97 to 50848.75, and the Russell 2000 led with a 3.02% jump to 2921.03.

Key Takeaways

• S&P 500 closed up 1.75% at 7,394.30.
• Market breadth finished with 320 advancers, 181 decliners, and a 1.768 advance/decline ratio.
• Technology led sectors at +3.73%, while Energy lagged at -1.94%.
• VIX ended at 19.44 in the latest five-session lookback.
• SPY’s first resistance is 734.18 and first support is 721.17.

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Market Breadth: Risk rally erases prior session losses as breadth, small caps, and tech rebound

Metric	Jun 5	Jun 8	Jun 9	Jun 10	Jun 11
Advance/Decline Ratio	0.920	0.559	2.832	0.545	1.768
Advances	241	180	371	177	320
Declines	262	322	131	325	181
Advancing Volume	32.2%	46.9%	52.1%	32.8%	72.0%
Stocks Near 52-Week Highs	15	10	26	9	24
Stocks Near 52-Week Lows	1	6	2	10	7
% Above 20-Day MA	61.2%	54.9%	64.4%	56.5%	64.4%
% Above 50-Day MA	54.9%	52.7%	58.3%	51.3%	56.7%
% Above 200-Day MA	59.2%	57.7%	60.6%	59.1%	60.8%

Participation improved meaningfully. Advancers led decliners 320 to 181, for an advance-decline ratio of 1.768, while 71.95% of volume flowed into rising stocks. That was a sharp turn from June 10, when advances totaled 177 against 325 declines and advancing volume was 32.83%. Stocks near 52-week highs also outnumbered those near lows, 23 to 7, with a high-low ratio of 3.286.

Explore the full dashboard: Market breadth.

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Market Performance: Major Indexes

Index	Close	Change	% Change
S&P 500	7,394.30	127.31	+1.75%
Dow Jones Industrial Average	50,848.75	929.97	+1.86%
Nasdaq Composite	25,809.66	640.16	+2.54%
Russell 2000	2,921.03	85.57	+3.02%

Five-session context:

Index	Jun 5	Jun 8	Jun 9	Jun 10	Jun 11
S&P 500	-2.64%	+0.30%	-0.26%	-1.62%	+1.75%
Dow Jones Industrial Average	-1.35%	-0.16%	+0.17%	-1.87%	+1.86%
Nasdaq Composite	-4.18%	+0.86%	-0.97%	-1.98%	+2.54%
Russell 2000	-3.47%	+0.77%	+0.41%	-1.10%	+3.02%

All four major indexes finished solidly higher, but leadership was not even. The Russell 2000 outperformed with a 3.02% gain, followed by the Nasdaq Composite at 2.54%, the Dow at 1.86%, and the S&P 500 at 1.75%. Even with the rebound, the five-session path still shows choppy trade, including the June 5 drop of 4.18% for the Nasdaq and 3.47% for the Russell 2000, then the June 10 slide of 1.98% and 1.10%, respectively.

Explore the full dashboard: Market snapshot.

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Sector View: Leaders and Laggards

• Leaders: Technology (XLK +3.73%), Materials (XLB +3.27%), Industrials (XLI +3.24%), Consumer Discretionary (XLY +2.48%), Communication Services (XLC +1.00%)
• Laggards: Energy (XLE -1.94%), Consumer Staples (XLP -0.26%), Real Estate (XLRE -0.16%), Utilities (XLU +0.11%), Financials (XLF +0.75%)

Technology led sector performance, with XLK up 3.73%. Materials gained 3.27% and Industrials rose 3.24%, showing a clear return to cyclical leadership after the prior day’s defensive tilt. Consumer Discretionary added 2.48%, while Communication Services rose 1.00%. Energy was the clear laggard, with XLE down 1.94%, while Consumer Staples slipped 0.26% and Real Estate eased 0.16%.

Explore the full dashboard: Sector performance.

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Volatility: VIX and ETF Implied Volatility

Metric	Jun 5	Jun 8	Jun 9	Jun 10	Jun 11
VIX Level	21.51	18.92	19.87	22.22	19.44

• SPY IV: 18.52% (Normal)
• QQQ IV: 31.22% (Elevated)
• IWM IV: 27.02% (Elevated)
• DIA IV: 17.54% (Normal)

Volatility cooled as stocks rallied. The VIX closed at 19.44 after ending at 22.22 on June 10, a one-day drop of 12.51% in the five-session lookback. Even so, options pricing still showed some caution beneath the surface. SPY implied volatility averaged 18.52% and DIA 17.54%, both marked Normal, while QQQ at 31.22% and IWM at 27.02% stayed Elevated.

Explore the full dashboard: Volatility.

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Headlines Moving Markets

The session’s tone lined up with headlines pointing to easing geopolitical stress. Reuters reported that planned U.S. strikes against Iran were canceled, and another Reuters item said equities rallied while oil fell on that development. CNBC also noted investors were monitoring inflation data and Middle East developments. Those headlines fit the day’s mix of stronger equities, lower volatility, and weakness in Energy.

• Wall Street indexes jump; Trump says strikes against Iran canceled - Reuters
• Trump cancels strikes against Iran planned for Thursday evening - Reuters
• Treasury yields steady as investors monitor inflation data, U.S. strikes in Iran
• Dollar falls after Trump halts US strikes on Iran - Reuters
• Equities rally, dollar dips with oil as Trump cancels Iran attacks - Reuters
• Gold rises 2% as Trump canceling Iran strikes eases inflation fears - Reuters
• Oil prices settle lower after Trump cancels planned strikes against Iran - Reuters
• Once an Arab oil embargo victim, US becomes world’s top oil exporter - Reuters
• Taking Kharg Island would pose risks for US troops - Reuters
• GDP (Second Estimate) and Corporate Profits, 1st Quarter 2026
• Federal Reserve Board announces final rule that establishes data standards for certain information collections
• Personal Income and Outlays, April 2026

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Technical Snapshot (SPY)

Level	Jun 5	Jun 8	Jun 9	Jun 10	Jun 11
20-day SMA	745.95	746.24	746.33	746.22	745.59
50-day SMA	711.84	713.46	715.34	717.40	719.27
200-day SMA	681.00	681.52	682.05	682.58	683.01

Near-term pivot structure, based on 2026-06-10:

• Resistance: 734.18 (R1), then 742.79 (R2)
• Pivot: 729.78
• Support: 721.17 (S1), then 716.77 (S2)

From the June 10 reference levels, SPY’s traditional pivot sat at 729.78, with resistance at 734.18 and 742.79, and support at 721.17 and 716.77. The rebound suggests price pushed back above the pivot area and challenged the upper resistance band. Trend context is mixed but constructive: the SPY 20-day simple moving average was 745.59 on June 11, above the 50-day at 719.27 and the 200-day at 683.01. Breadth measures also improved, with 63.82% of stocks above the 20-day average, 54.87% above the 50-day, and 59.24% above the 200-day.

Explore the full dashboard: Support & Resistance levels.

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What to Watch Next

• Whether the S&P 500 can build on 7394.30 after reclaiming ground lost in the June 10 selloff.
• Breadth follow-through, especially if advancing volume stays closer to 71.95% than the 32.83% seen a day earlier.
• Small-cap leadership after the Russell 2000 surged 3.02%.
• Energy weakness versus strength in XLK, XLB, and XLI.
• VIX behavior around 19.44, plus whether QQQ at 31.22% IV and IWM at 27.02% IV begin to cool.

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Bottom Line

June 11 looked like a meaningful risk-on rebound, not just a narrow bounce. Gains were broad, small caps led, and volatility backed off. Still, the past five sessions show a market that has been quick to swing, so confirmation through breadth, sector rotation, and volatility will matter.

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Market Pulse provides daily analysis of S&P 500 market breadth, sector rotation, and volatility signals to help investors understand what’s happening beneath the surface. Data sourced from our real-time market breadth collectors. For personalized planning, explore our retirement calculators, investment tools, and FIRE planning resources.

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