From Yahoo Finance: 2025-06-08 22:21:00

Global stocks rose as the U.S. and China began talks to ease trade tensions, with the Dow closing flat due to declines in Travelers and McDonald’s. The S&P and Nasdaq finished higher. The U.S. dollar slipped against major currencies amidst optimism over a strong employment report. U.S. officials, including Treasury Secretary Bessent and Trade Representative Greer, are in London for the talks. China’s Vice Premier Lifeng is also attending. U.S. economic data showed wholesale inventories rose in April, driven by stockpiling ahead of tariffs. Investors await inflation data and are pricing in a 62% chance of a Fed rate cut by September.



Read more at Yahoo Finance: Stocks climb, dollar dips with US-China trade talks eyed