U.S. stock futures dip before U.S.-China trade talks and Apple's WWDC keynote
From Financial Modeling Prep: 2025-06-10 08:44:00
- U.S. stock futures dip ahead of U.S.-China trade talks and Apple’s WWDC keynote. Dow futures down 46 points, S&P 500 futures slip 6 points, Nasdaq 100 futures drop 39 points. Wall Street remains cautious amidst economic uncertainty and diplomatic tensions.
- U.S. and China engage in high-stakes trade talks in London to reduce tariffs and tensions. Trump’s reciprocal tariffs on pause until August 12. Delegations led by Treasury Secretary Bessent and China’s Vice Premier He Lifeng. Markets hopeful for de-escalation and improved earnings outlooks.
- Apple’s WWDC keynote focuses on AI integration, with Siri upgrade reportedly delayed. Market anticipates major AI announcement despite setback. Competition from Alphabet, OpenAI, and Meta intensifies. Traders closely monitor Apple’s roadmap and tone for AI advancements in consumer tech.
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