From Yahoo Finance: 2025-06-06 06:08:00

The U.S. stock market is on the verge of record levels, driven by economic data and trade and fiscal policy developments. Despite a cautious tone, the S&P 500 closed above 6,000 for the first time since February. Some uncertainty remains regarding the impact of tariffs on the economy.

Investors are awaiting the consumer price index report for May to gauge the tariff impact and potential inflation flare-ups. The Federal Reserve is expected to hold interest rates steady at their upcoming meeting, but traders are pricing in possible rate cuts by the end of the year.

The S&P 500 has rebounded over 20% since April, despite concerns over tariffs and widening fiscal deficits. Uncertainty also surrounds a tax-cut and spending bill in the U.S. Senate, which could impact economic growth and increase debt burdens. Trade talks with China continue to be a key focus for markets.



Read more at Yahoo Finance: US stocks edge toward records with inflation data, policy progress in focus