China Shares Due For Consolidation On Friday

From Nasdaq: 2025-06-05 20:30:00

The China stock market finished higher for the third consecutive session, with the Shanghai Composite Index closing just above 3,375 points. Global markets are cautious ahead of key U.S. employment data. The SCI gained 7.90 points, or 0.23 percent, ending at 3,384.10. The Shenzhen Composite Index also rose by 0.53 percent. Major U.S. indexes closed slightly lower. President Trump’s phone call with Chinese President Xi Jinping and anticipation for the Labor Department’s jobs report impacted market movements. Treasury yields rose after early gains, with the ten-year note reaching 4.394 percent.



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