The Closer – Leaping to New Highs, EIA, Employment – 5/6/26

May 6, 2026

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  • The S&P 500 jumped over 1% to a new high today with the low of the day being the open.
  • After a double-digit gain on Wednesday, Samsung is above a trillion dollar market cap and alongside SK Hynix accounts for almost half of total KOSPI market cap.
  • College graduate underemployment has moved materially higher since the release of ChatGPT.

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