NEW YORK — Stock prices declined across global markets on June 8, 2026. The S&P 500 index decreased 2.64 percent, and the Nasdaq composite index decreased 4.18 percent on Friday, June 6, 2026.

Iran and Israel resumed military strikes against each other. The VIX volatility index increased 24 percent over the five days preceding June 8. Europe's Stoxx 600 index decreased 0.75 percent in early trading, while the U.K.'s FTSE 100 index decreased 0.4 percent.

Asian markets also experienced drops, with South Korea's KOSPI index decreasing 8.29 percent, Japan's Nikkei 225 index decreasing 3.85 percent, India's Nifty 50 index decreasing 0.9 percent, and China's CSI 300 index decreasing 2.14 percent. Brent crude oil was priced at $97 per barrel. Economist Paul Donovan of UBS stated, "There seems to be no single cause, rather a general sense of increasing risk." The Philadelphia Semiconductor Index decreased 10.26 percent on Friday, June 6, 2026.

U.S. payrolls increased by 172,000 in May 2026, exceeding forecasts of approximately 88,000 positions. The three-month average of U.S. private payrolls reached 166,000 in May. May job gains primarily occurred in the leisure and hospitality, government, and private education and healthcare services sectors.

Corporate debt issuance activity increased. Google issued $85 billion in new stock the week prior to June 8, and Meta is evaluating a new stock issuance. Meta and Oracle secured billions in private debt to finance artificial intelligence data center construction, bringing year-to-date hyperscaler debt supply to $159 billion. Yuri Seliger, an analyst at Bank of America, said, "Hyperscaler supply [of new debt] has reached $159 billion year-to-date, which is 91% of our $175 billion forecast for the full year." James Smith, an economist at ING, added, "The circularity [of the AI economy] is attracting more attention: the same handful of firms raising money, buying chips, leasing compute, and booking revenues off one another."

SpaceX, Anthropic, and OpenAI plan to conduct initial public offerings in 2026, with SpaceX scheduled to launch its offering on Friday, June 12, 2026. U.S. private non-real estate investment excluding artificial intelligence decreased year-on-year for six consecutive quarters.