Morning Bid: U.S.-China framework underwhelms
From Yahoo Finance: 2025-06-11 07:02:00
The U.S.-China trade talks ended with little progress, shifting focus to U.S. consumer price inflation and Treasury debt auctions. Elon Musk regretted his comments about Trump. Protests against immigration raids erupted in U.S. cities. China’s rare earth export restrictions highlight Western dependency. The World Bank lowered global growth forecasts due to trade tensions. Lagarde warned against coercive trade policies. UK’s FTSE100 rose ahead of government spending review. Tesla shares climbed, pound weakened against euro. U.S. consumer prices likely to rise moderately in May.
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