From Yahoo Finance: 2025-06-06 16:33:00

Global markets closed out a strong week despite ongoing uncertainty over tariffs and fiscal issues. Major equity benchmarks rose, pushing the MSCI World index to a record high. Tesla’s share price fell 14% while Treasury yields spiked after nonfarm payrolls data. Central banks’ policies varied, with the ECB cutting rates and India cutting more than expected.

Investors seem optimistic, trusting policymakers to ease trade tensions and navigate economic challenges. The focus is on trade negotiations, particularly with China and Europe. Despite a friendly call between Trump and Xi Jinping, no concrete results emerged. Market moves included Tesla’s stock drop, S&P 500 hitting 6000 points, and silver and platinum prices rising.

Interest rates and monetary policy decisions were key this week, with the Bank of Canada holding steady and the ECB cutting rates. Switzerland faces deflation, leading to bets on negative interest rates. Fed officials remain cautious due to tariff uncertainty. Markets are awaiting trade talks and decisions on tariffs as Washington’s pause is set to expire on July 9.



Read more at Yahoo Finance: Markets rise above the fray