Stocks are little changed as Wall Street awaits details from U.S.-China trade talks: Live updates

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 5, 2025.

Brendan McDermid | Reuters

Stocks were little changed Monday as traders looked for details on the latest U.S.-China trade talks.

The S&P 500 added 0.1%, while the Nasdaq Composite climbed nearly 0.5%.The Dow Jones Industrial Average slipped 94 points, or 0.2%.

Officials from the U.S. and China are holding trade talks on Monday in London in an effort to resolve ongoing trade disagreements. The talks come after President Donald Trump and Chinese President Xi Jinping held a lengthy phone call last week, with both nations trying to avoid a large-scale trade war. Last month, the two countries agreed to temporarily cut tariffs while trade negotiations proceeded.

This week will bring plenty of opportunities to either reinforce or undermine the market’s confidence.

In the U.S., Apple’s 2025 Worldwide Developers Conference kicks off on Monday. The tech giant’s stock has been an area of weakness this year, sinking more than 18%.

Inflation data is expected to be a key topic later in the week. The latest consumer price index is due out on Wednesday, followed by the producer price index on Friday. Traders will be looking for clues as to how the current tariff rates are flowing through the economy. A new consumer sentiment reading from the University of Michigan — which includes data around inflation expectations — is due out on Friday.

Monday’s moves come after all three of the major indexes notched their second-straight winning week. The S&P 500 on Friday closed above the 6,000 level for the first time since Feb. 21, and is now less than 3% away from its record closing high.

“With the S&P 500 closing above 6,000 for the first time since February, stocks are effectively looking through the current tariff uncertainty into a more stimulative economic climate,” said Richard Saperstein, chief investment officer of investment advisor practice Treasury Partners. He added that although the stock market is signaling reduced economic impact from tariffs, uncertainty from ongoing tariff-related headlines will likely be seen in upcoming earnings results.

Source – Middle east monitor