From Nasdaq: 2025-06-09 13:09:00

Stock indexes are mixed, with the S&P 500 up +0.03%, Dow Jones down -0.17%, and Nasdaq up +0.06%. US-China trade talks in London focus on rare-earth minerals and technology. M&A activity supports stocks with Qualcomm acquiring Alphawave IP Group for $2.4 billion. Chinese trade news below expectations affects global growth prospects. Market awaits fresh tariff news and US-China trade negotiations, with upcoming economic data releases. FOMC meeting in June expected to have 0% chance of a rate cut.

Overseas stock markets are mixed, with Euro Stoxx 50 down -0.49%, Shanghai Composite up +0.43%, and Nikkei Stock 225 up +0.92%. Interest rates sees 10-year T-notes down -2 ticks, with T-note yield at 4.514%. European government bond yields rise, while ECB nears end of interest rate cut cycle. Swaps predict 27% chance of ECB rate cut in July.

US stock movers show strength in chip stocks, with Qualcomm and other chip companies up. Warner Bros Discovery announces split into two companies, boosting stock. Goodyear Tire & Rubber, ABM Industries, and Steven Madden Ltd also see gains. IonQ agrees to buy Oxford Ionics, Etoro Group Ltd rises, while Intuitive Surgical and EchoStar decline. AppLovin down after no S&P 500 Index inclusion.

Cheniere Energy and Tesla see declines, with insider selling and Baird downgrade. Conagra Brands also drops after Goldman Sachs downgrade. Earnings reports for June 9 include Borr Drilling Ltd, Calavo Growers Inc, Casey’s General Stores Inc, and more.



Read more at Nasdaq: Stocks Mixed as US-China Trade Talks Begin in London