S&P 500, Nasdaq Slip Despite Fresh Records

Following a day of lackluster trading, the tech-heavy Nasdaq snapped its three-day win streak, but not without first snatching a fresh record peak. The S&P 500 snagged a record high of its own but ultimately closed in the red, while the Dow managed to secure a third-straight win. Investors unpacked jobless claims rising to a four-week high and the first European Central Bank (ECB) rate cut since 2019, but now tomorrow's highly anticipated nonfarm payrolls data looms large. 

Continue reading for more on today's market, including:

• Biotech ETF tends to soar in June.
• 3 sentiment indicators to level up your trading.
• Plus; two retail stocks' post-earnings buzz; HOOD gets crypto bump; and a software stock's best day ever.

5 Things to Know Today

1. Nvidia (NVDA) (NVDA) is once again making headlines after Rivian Automotive (RIVN) announced it will be using the chipmaker's latest in the new R1 pickup and SUV electric vehicles (EV). (CNBC)
2. The fourth SpaceX flight was deemed a success after its Starship landed in the Indian Ocean, Elon Musk praising it as "epic." (MarketWatch)
3. The retail sector made waves today.
4. Crypto acquisition lifts Robinhood stock.
5. Software powerhouse enjoys its best day ever.

Commodities Enjoy Another Win Ahead of Payrolls 

Following an ease in economic worries across the U.S., oil managed a second consecutive win. July-dated West Intermediate (WTI) crude tacked on $1.48, or 2%, to close at $75.55 per barrel. 

Gold is surging as investors anxiously await tomorrow's nonfarm payrolls data. The June-dated commodity hit a two-week high before finishing up 0.7%, at $2,393 an ounce.