Street Report: A "great Jobs Report" says President Trump, as US economy beats expectations by adding 172,000 nonfarm payroll jobs.
Yet the markets remain red today, with the S&P 500 -1.2% and the Nasdaq -2.2%.
Street Report: The US has eliminated the "pattern day trader" rule that previously required day traders to hold a minimum of $25,000 in margin accounts.
Main Street Monitor's Closing Bell — June 3, 2026
→ S&P 500 7,554 (-0.7%)
→ Dow 50,690 (-1.2%)
→ Nasdaq 26,853 (-0.9%)
Crypto/24hrs:
→ $BTC $65,361 (-2.6%)
→ $ETH $1,801 (-5.7%)
There can't always be ATHs.
$GME up +6% $AMD +4%; oil prices and bond yields go higher.
Street Report: Mastercard, Visa, and Stripe are reported to be "close to launching" a new joint stablecoin platform.
Earlier, Mastercard announced that it enabled more multichain support for regulated stablecoins, including $USDC, $PYUSD, and $USDG, and others.
Street Report: @gamestop $GME reports record net income ($389.6M) and record operating income ($143.3M). Net sales grew 14% Y-o-Y to $835.3M.
The company now holds $9.7B on its balance sheet and has authorized a $2B share repurchase program.
Street Report: @coinbase partners with @ethena and becomes the primary custodian, wallet provider, and perpetuals venue.
Coinbase Ventures has also purchased an undisclosed amount of $ENA. The token is up +10% on the news.
Main Street Monitor's Closing Bell — June 1, 2026
→ S&P 500 7,599 (+0.3%)
→ Dow 51,078(+0.1%)
→ Nasdaq 27,086 (+0.4%)
Crypto/24hrs:
→ $BTC $71,454 (-3%)
→ $ETH $2,004 (+0%)
Stock markets close green in the first day of June, but BTC slides to $70.5k, ETH taps $1960 lows.
Main Street Monitor's Closing Bell — May 29, 2026
→ S&P 500 7,584 (+0.3%)
→ Dow 51,020(+7%)
→ Nasdaq 26,994 (+0.3%)
Crypto/24hrs:
→ $BTC $73,542 (+0.3%)
→ $ETH $2,016 (+0.1%)
SEC Chair confident that crypto legislation will pass through Congress and get signed by Trump.