Wednesday’s big stock stories: What’s likely to move the market in the next trading session

The S&P 500 eked out a narrow gain on Tuesday, posting its first close above the 7,600 level.

This winning high-yield bond strategy limits risk while seeking under-the-radar opportunities June 2, 2026
Hunter Hayes of Intrepid Capital described an “incredibly healthy” market for high-yield bonds and a conservative approach to investing in the space.
Philip van Doorn
I was a slave to credit-card debt, then I got laid off and turned my life around. Here’s how I did it. June 2, 2026
“I have steadily increased my assets by more than 10% since being laid off.”
Quentin Fottrell
Alphabet’s relentless AI spending is giving new shine to Broadcom’s stock June 2, 2026
The company’s “aggressive” cadence and performance improvements for its switching chips will also keep it ahead of competitors, an analyst said.
Britney Nguyen
Trump taps Pulte for a top intelligence job. This makes an IPO for Fannie and Freddie look even more unlikely. June 2, 2026
Shares in Fannie Mae and Freddie Mac tumbled Tuesday as traders reacted to President Donald Trump’s announcement that Bill Pulte, the chair of the two government-backed mortgage giants, would serve as acting director for national intelligence.
Victor Reklaitis
NYC bar uses prediction markets to hedge against a new financial risk: A Knicks victory June 2, 2026
Wall Street investors use financial derivatives to hedge against shifts in interest rates and exchange rates. Farmers use them to lock in the price of their crops. Now, one New York City bar is using Kalshi, a CFTC-regulated prediction-markets platform, to hedge against another kind of risk.
Joseph Adinolfi
This space stock is rising as Blue Origin predicts quick recovery from big explosion June 2, 2026
Blue Origin says it should be able to launch its New Glenn rocket before the end of 2026, which could help AST SpaceMobile.
William Gavin
My sister, mother and I are giving my son $20,000 toward a down payment. Do we report it to the IRS? June 2, 2026
“I’m confident that I will never exceed the lifetime gift-tax exemption.”
Quentin Fottrell
Job openings leap to a 2-year high — but there’s a big catch June 2, 2026
The number of U.S. job openings jumped to a two-year high of 7.6 million in April, a surprising increase that suggest businesses might be ready to hire more people after big slowdown in job creation last year.
Jeffry Bartash
‘It will not bring you happiness’: I have advice for your single, childless 62-year-old multimillionaire reader June 2, 2026
“Go to Walmart and pay off someone’s layaway account.”
Quentin Fottrell
Wall Street’s AI stock-picking secrets aren’t coming to your portfolio June 2, 2026
Retail robo-advisors excel at tax-loss harvesting and portfolio discipline, but market-beating returns aren’t part of the package.
Nahyeon Bak