From Yahoo Finance: 2025-06-10 06:54:00

Global stocks and the dollar rose as U.S.-China trade talks extended to a second day, easing tensions. Trump sent Marines to L.A. for undocumented immigrants, sparking protests. U.S. assets have faced turbulence in 2025, with the dollar struggling. Asian countries are hesitant to buy U.S. energy. European defence stocks soar amid rearmament plans.

U.S. and China resumed trade talks in London, aiming to resolve export control issues. Talks led by U.S. Treasury Secretary Bessent and Chinese Vice Premier Lifeng. Trump says talks are difficult but progressing. U.S. likely to lift export controls on semiconductors for rare earths. Wall Street stocks steady, treasuries stronger. May consumer price report coming.

Sterling weakens on Bank of England easing bets. European and Chinese stocks lower, while Japan’s Nikkei rises. UBS stock falls as Swiss markets react to increased capital requirements. Vaccine makers rise despite CDC panel firing. Fed survey shows easing public concern about inflation. Markets await U.S. small business survey, Treasury auctions, and JM Smucker earnings.

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