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Oil Price Surge Shifts Focus to Inflation as Fed June Decision Looms, S&P 500 Expected to Swing 0.6% on Friday

Indices Commodities

2026-06-03 12:49:47

US500-0.57%

According to Jin10, oil price surges have shifted traders' focus toward inflation concerns ahead of Friday's employment report. Wall Street expects the June Federal Reserve interest rate decision to be the most critical event for the S&P 500 over the coming month. Options market data from Citi indicates the index is predicted to fluctuate by 0.6% on Friday.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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