From Yahoo Finance: 2025-06-03 07:17:00

The dollar and U.S. Treasuries stabilized after a rough start, while stocks remained edgy due to trade war concerns and weak factory activity. BP faces challenges as it may no longer be a true oil major. U.S. and China are expected to hold talks to ease tensions amid escalating trade war.

Dutch far-right party’s exit could lead to new elections. Saudi Arabia and Russia reach a tough compromise on oil output. Surging government debt levels pressure big economies. Headwinds from tariffs and ‘stagflation’ gather force, but corporate America is well-positioned to weather the storm.

U.S. factory activity contracts for the third consecutive month. China’s manufacturing shrinks amid U.S. tariffs. OECD predicts slower global growth due to trade war fallout. Euro zone inflation falls below ECB target, raising expectations of rate cut. U.S. labor market reports expected to show further decline in job openings.

Stock futures back in the red after late session recovery. Crude oil prices sustain gains after OPEC+ meeting. Taiwan’s TSMC benefits from strong demand despite U.S. tariffs. Political rhetoric escalates as countries engage in new arms race and conflicts. U.S. economic indicators and corporate earnings reports to watch today.

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