Trump's China Trade Deal Just PUMPED The Market
Digest more
US stocks edged higher on Tuesday as renewed US-China trade talks entered their second day after an upbeat initial meeting. Both the S&P 500 and Nasdaq are now within striking distance of their all-time closing highs — 6,
In addition to inflation and US-China trade, a key bond auction is on investors' radar. A $22 billion sale of 30-year bonds is scheduled for Thursday.
After two days of talks in London, the U.S. and China late Tuesday agreed on what they called a framework to get a May trade truce back on track. Investors yawned, with U.S. stock-index futures a shade lower Wednesday morning.
US stock market opened volatile on June 12, 2025, as President Donald Trump announced a “done” trade deal with China, yet market reactions stayed cautious. Despite Trumps claim of a 55% China tariff,
U.S.-listed Chinese stocks, including Alibaba, Baidu, JD.Com, and PDD Holdings, are trading lower as Trump confirms a China trade deal.
2don MSN
The stock markets dropped on Wednesday despite a seemingly positive development in the trade war between the U.S. and China alongside a better-than-expected inflation report for May. The S&P 500 dipped 0.27%, the Nasdaq fell 0.50%, and the Dow Jones closed the day essentially flat.
Shares of Oxford Industries were falling Thursday after the company slashed its fiscal-year outlook due to increased tariff costs, leading analysts to caution investors about the challenging economic environment.
Shares of MP Materials ( MP -8.81%), America's biggest miner of rare earth metals, tumbled 8.3% through 10:10 a.m. ET Wednesday after President Donald Trump posted on Truth Social about a new trade deal reached with the Chinese delegation in London last night: