June Stock Market History 6/2/26

Summary

---

June Stock Market History – Your Money Minute (June 2, 2026)

Podcast: Your Money Minute
Host: Jessica Ettinger (CNBC)
Featured Guest: Ryan Dietrich, Carson Group
Episode Date: June 2, 2026
Episode Theme:
A concise exploration of how June typically plays out for the stock market, historical context, and what this could mean for investors this year, with a focus on the unique statistical quirks and ongoing trends driving markets.

---

Key Discussion Points & Insights

June’s Mixed Track Record in the Stock Market

• Jessica Ettinger briefly introduces June trading, emphasizing it could be “an interesting month for stocks.” [00:00-00:10]

• Historical Context:

  • Ryan Dietrich points out the dual nature of June as a trading month:
    • "June in a midterm year is the worst month on average." [00:12]
    • Despite historical headwinds, “We’ve had a lot of momentum in this market. Are we stretched? Of course we’re stretched.” [00:16]
    • This recent bull market has seen an unusually long run: "Up nine weeks or I’ve been up ten in a row since 1985."
    • “This bull market last week just topped the longest bull market since 1962, ’64. All right, so now it’s the eighth longest bull market ever.” [00:24]

Recent Performance and Current Market Sentiment

• Jessica summarizes Dietrich’s points, noting that:
  • “June has actually been a winning month for stocks in nine of the past ten years.” [00:36]
  • However, there’s an acknowledgment that markets may see a pullback from recent bullish highs, but “he doesn't think it'll last the whole month as the AI tech boom isn't done.” [00:41]

Unique Statistical Oddity About June

• Ryan Dietrich shares a fascinating statistic uncommon among financial experts:
  • “June is the only month in the history of the stock market out of all 12 that the S&P 500 has never peaked.” [00:51]
    • Translation: Historically, the S&P 500 has never achieved its highest price of the year in June.
  • He speculates based on this trend, “So maybe we have a little bit of a peak after a nine week rally and we pull back, say, five to eight. Never have we had the ultimate peak in June and we don’t think this year is going to be the first one.” [00:56]
    • Implication: Investors should expect some volatility—a brief pullback—rather than a long-term downturn.

Advice for Listeners

• Jessica wraps up with a prompt for listeners to access more financial insights via CNBC’s website:
  • “Lots more on the markets at cnbc.com. I’m Jessica Ettinger, CNBC.” [01:07]

---

Notable Quotes & Memorable Moments

• On June’s historical weakness:

  • “June in a midterm year is the worst month on average.” – Ryan Dietrich [00:12]

• On the market’s extended bull run:

  • “This bull market last week just topped the longest bull market since 1962, ‘64.” – Ryan Dietrich [00:24]

• On June’s unique S&P 500 history:

  • “June is the only month in the history of the stock market out of all 12 that the S&P 500 has never peaked.” – Ryan Dietrich [00:51]

• Market outlook for June 2026:

  • “Never have we had the ultimate peak in June and we don’t think this year is going to be the first one.” – Ryan Dietrich [00:56]

---

Key Timestamps

• 00:00-00:10 – Jessica introduces the theme: June trading and stock market expectations.
• 00:11-00:36 – Ryan Dietrich discusses historical context, recent momentum, and June’s reputation.
• 00:36-00:51 – Jessica highlights recent trends in June and references the AI tech boom.
• 00:51-01:07 – Ryan shares the S&P 500 statistic and outlook for the month.

---

Listener Takeaway

Despite June’s reputation—especially in midterm years—as a tough month for stocks, the ongoing market momentum (especially from AI-driven tech) could continue, though a minor pullback is likely. The odds that June will set the year’s market peak are historically slim, so investors should brace for some volatility but not panic.

For deeper insights and up-to-date financial tips, visit CNBC.com.

Transcript

[A]

With a CNBC you money minute. I'm Jessica Ettinger. June trading has started on Wall street and this could be an interesting month for stocks.

[B]

You know, June's got something for everybody. You know, June in a midterm year is the worst month on average. That's the Carson Group's Ryan Dietrich on cnbc. We know we've had a lot of momentum in this market. Are we stretched? Of course we're stretched. Up nine weeks or I've been up ten in a row since 1985. But one thing I think it's really fascinating, this bull market last week just topped the longest bull market since 1962. 64. All right, so now it's the eighth longest bull market ever.

[A]

Dietrich says June has actually been a winning month for stocks in nine of the past 10 years. And he notes that the markets may fall from recent bull market record highs. But he doesn't think it'll last the whole month as the AI tech boom isn't done.

[B]

June is the only month in the history of the stock market out of all 12 that the S&P 500 has never peaked. So maybe we have a little bit of a peak after a nine week rally and we pull back say five to eight. Never have we had the ultimate peak in June and we don't think this year is going to be the first one.

[A]

Lots more on the [e-mail] I'm Jessica Ettinger, CNBC.

[C]

Looking for a gift to make Dad's day? Shop Etsy for all his favorites like personalized golf accessories, a handmade leather camping bag or an original apron for those summer nights at the grill. We can't count the ways your dad means the world to

[A]

you.

[C]

But you can count on Etsy to help you find a gift that will make him feel seen. Celebrate dad with original Father's Day gifts on Etsy. Celebrate being human.