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Jun 08, 2025 Last week S&P 500 was closed at 6000.36 with a gain of 1.5%. It was trading between 5861.43 and 6016.87 with range of 155.44.Nasdaq (NDX) was closed at 21761.79 with a gain of 1.972%. It was trading between 21199.37 and 21891.89 with range of 692.52.Dow Jones (DJIA) was closed at 42762.87 with a gain of 1.166%. It was trading between 41853.62 and 42924.56 with range of 1070.94.

Jun 08, 2025 Last week NSEI was closed at 25003.05 with a gain of 1.02%. It was trading between 24502.15 and 25029.5 with range of 527.35. NSEBANK was closed at 56578.4 with a gain of 1.486%. It was trading between 55400.55 and 56695 with range of 1294.45.

Musk-Trump Fallout Impact

The fallout between Elon Musk and Donald Trump has turned into a high-profile political and financial feud. Their once-close relationship unraveled after Musk publicly criticized Trump's "Big Beautiful Bill," a tax and spending package that Musk claimed would add trillions to the national deficit. Trump responded by threatening to cut Musk’s government subsidies and contracts, prompting Musk to announce the decommissioning of SpaceX’s Dragon spacecraft, which NASA relies on.

The feud escalated further when Musk claimed on social media that Trump was implicated in Jeffrey Epstein’s files, though he later deleted the post. The dispute has had major financial consequences, with Tesla’s stock plunging over 14% in a single trading session and continuing to slide. Meanwhile, congressional Republicans are scrambling to manage the fallout, as Musk’s influence within the party has led to divisions over the bill.

Trump has since stated that his relationship with Musk is "over," and he has no interest in mending ties. The feud has also sparked speculation about Musk backing Democratic candidates in upcoming elections, further complicating the political landscape.

Astrological Insights for the week starting June 08, 2025

Jupiter and Mercury makes close conjunction could set a top in the early this week, could be on Wednesday or as soon as Monday. While Mercury and Jupiter conjunction is getting separated, Mars and Ketu are getting closer that will create wild swings, possibly in the second half of this month from June 15, 2025. I am expecting around 200 points range on S&P 500 for this week, with market sell off from later this week.

Monday June 09, 2025
Moon will be in Anuradha Nakshatra causing pain for the most of the retail traders. Market could bounce and create pains for retail traders. However, there will be turnaround with sudden sell off that could begin as soon as Today or may be delayed until late Wednesday.

Tuesday June 09, 2025
Moon in Jyeshta Nakshatra will give fortune through swing trading. Market will create decent swing but unlikely to crash.

Wednesday June 10, 2025
It is a potential day for market top as full moon is behind us and start selling off gradually.

Thursday June 11, 2025
It could be a crazy day Mercury, Venus and Moon aligns at market open. I would not be surprised with a big gap down or even gap up.

Friday June 12, 2025
Market will have some sell off as Venus dominant today.

NYSE - Next Week Trading Range Starting Jun 08, 2025

Symbol	Predicted Low	Predicted High	Range
SPX	5815.44	6036.43	220.99
NDX	20791.96	21896.02	1104.06
DJI	41601.70	43079.00	1477.30
SPY	580.57	601.28	20.71
QQQ	509.70	533.15	23.45
TSLA	285.31	326.57	41.26
META	673.26	726.83	53.57
NVDA	139.80	146.34	6.54

NSE (India) - Next Week Trading Range Starting Jun 08, 2025

Symbol	Predicted Low	Predicted High	Range
NSEI	23884.04	25189.81	1305.77
NSEBANK	53066.31	55918.79	2852.48
ADANIENT	2293.44	2534.68	241.24
AXISBANK	1082.77	1162.05	79.28
BHEL	240.22	260.04	19.82
ICICIBANK	1371.70	1464.84	93.14
SBIN	765.10	811.81	46.71
RELIANCE	1393.38	1456.86	63.48