June 9, 2026 Market Moment

Market Moment

Glen Eagle®: America’s Women-Owned Trading Desk®

6/9/2026

Micron became the 12th U.S. company to reach a $1 trillion market capitalization, doubling from $500 billion in just 48 trading days, surpassing Tesla’s previous record of 230 trading days. *1
Nearly 19% of new vehicle loans carried monthly payments of at least $1,000 in Q1 2026, up from 5.4% in Q1 2021, with 74% of those loans tied to non-luxury vehicles. 1
The 2026 World Cup is projected to generate a record $50 billion in global wagers, and among Americans planning to bet on the tournament, 90% will be doing so for the first time. 2
A recent study found that the share of American adults with “very low financial literacy” rose from 20% to 25% over the past decade. This is concerning because adults with lower financial literacy are four times more likely to struggle to make ends meet. 3

MFS – "Beyond the News"
WSJ – "The World Cup Is Sports Betting's Biggest Moment—and Maybe Its Last Hurrah"
CBS News – "Americans' Financial Literacy Slumps to a 10-Year Low, New Study Finds"

*Past performance is not indicative of future performance

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