Tag: trade
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US Stocks Drift and Chinese Markets Rise as Trade Talks Begin
As U.S. stocks remain flat, trade talks begin in London between the U.S. and China, raising hopes for reduced tariffs. The S&P 500 shows a minimal decrease while investors look for news that might impact the market. Notable corporate movements include a significant rise in Warner Bros. Discovery’s shares and IonQ’s acquisition of Oxford Ionics,…
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Dow Jones, S&P, Nasdaq: Stocks Erase Early Gains on US Labor Market Concerns
U.S. stock indexes fell today due to concerns over rising jobless claims, wiping out early gains. The S&P 500 slipped by 0.25% as economic data revealed jobless claims reached an eight-month high. Trade deficit numbers improved, but mixed signals on productivity and labor costs created uncertainty ahead of key employment data expected later this week.…