US stocks drift and Chinese markets rise as trade talks start between the world’s largest economies
From Yahoo Finance: 2025-06-09 00:28:00
U.S. stocks had a quiet day as the U.S. and China began talks on trade to avoid a recession. The S&P 500 edged up by 0.1%, Dow Jones slipped by 1 point, and Nasdaq added 0.3%. Hopes of Trump lowering tariffs have fueled the S&P 500 rally since dropping 20% two months ago. Markets were relatively quiet on Wall Street Monday, with some big buyout deals announced. Warner Bros. Discovery saw a 3% loss after announcing a split. Tesla recovered from a recent drop. In global markets, Chinese exports slowed, and consumer prices fell. The 10-year Treasury yield eased to 4.48%.
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