Where will U.S. stocks go in June? Analysts’ views roundup: Short-term volatility intensifies, but the medium- to long-term remains worth looking forward to

BlockBeats News, June 11 — Since June, U.S. stocks have experienced a brief rally followed by a continuous decline. The S&P 500 index hit a high of 7,620 on the 2nd and has since fallen nearly 5%. As the market continues to pull back, investors are beginning to doubt the "perpetual bull market" of U.S. stocks. In response, how do analysts view the June market? BlockBeats has summarized the insights as follows:

The well-known investment research program Foundation for the Study of Cycles (FSC) in its latest podcast pointed out through cycle analysis that around June 8, 2026, multiple short- and medium-term cycles of major U.S. stock indices are highly synchronized in forming a top cluster, currently in a clear top alignment window, indicating that from June onward, there will be downward pressure from late summer to fall (until November), especially in the technology and semiconductor sectors which are synchronized most strongly. Technical indicators also show Cyclic RSI divergence, and overall, it is advised to remain cautious in the short term, as there may be fluctuations or corrections; the financial sector is one of the few that still maintains a bullish cycle.

Morgan Stanley released a mid-term market research report in mid-May stating that driven by strong earnings growth, the U.S. stock market will lead global markets higher, with the S&P 500 expected to rise 12% over the next 12 months. However, the report also warned that as companies raise more debt to fund AI investments, the increased supply in the corporate bond market could pressure credit performance. Meanwhile, the slowdown in inflation and the expectation of lower U.S. interest rates will put pressure on the dollar in the coming months, but a recovery may begin in 2027.

Fidelity’s research report pointed out that recent geopolitical conflicts, rising oil prices, and hot inflation data have led to increased yields, triggering a correction in tech stocks and indices. The S&P 500 and Nasdaq have experienced significant declines, with semiconductor and AI-related sectors under pressure. VIX volatility has risen, and considering the dull performance of U.S. stocks in June historically, this can still be viewed as normal profit-taking or seasonal adjustment.

Famous U.S. stock influencer Herman Jin continues to warn about the bubble risk of low PE in the semiconductor sector during the AI bull market. He warns that the current market’s optimistic pricing of model revenue and capital expenditure is unrealistic, and short-term diversification models may erode growth expectations, ultimately reshaping the industry through cost restructuring and increasing wealth concentration.