From Yahoo Finance: 2025-05-09 16:13:00

Stock markets remain flat as investors await U.S.-China trade talks. S&P 500 down 0.07%, Nasdaq flat, Dow Jones falls 0.3%. Treasury Secretary Bessent heads to Geneva for talks. Trump suggests 80% tariff on Chinese exports. China reports 21% drop in exports to U.S. U.S. ports see plummeting activity.

President Trump unveils U.S.-UK trade deal allowing 100,000 cars/year at 10% tariff. Steel, aluminum enter U.S. tariff-free. Detroit automakers criticize deal. Trump claims progress on trade deals, markets rebound. Markets stagnant after initial tank due to tariffs. Trump touts many “good” trade deals in the works.



Read more at Yahoo Finance: Stock markets stagnate as investors wait for Bessent’s trade talks with China