Inflation eased to 4-year low
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Despite a general easing in the weighted index, key goods continue to rise, and tariff impacts loom ahead.
World shares and U.S. futures slipped Thursday after U.S. stocks drifted to a mixed close on Wall Street. Oil prices fell about $2 a barrel. China moved to reverse some of its “non-tariff” measures against the U.S. as agreed with Washington in their temporary trade war cease-fire and most markets traded in a narrow range.
The broad market index advanced 0.72% to close at 5,886.55. The S&P 500 now has a gain of 0.08% in 2025. The Nasdaq Composite gained 1.61% to finish the session at 19,010.08, while the Dow Jones Industrial Average slipped 269.67 points, or 0.64%, to 42,140.43.
14hon MSN
Stocks drifted to a mixed close on Wall Street, holding on to most of the gains they made earlier in the week after the U.S. and China declared a temporary cease-fire in their trade war.
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,
Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.
U.S. Treasury yields inched lower on Wednesday as investors assessed the state of the U.S. economy amid a tame inflation report and a U.S.-China trade agreement.The 10-year Treasury yield was down 1.4 basis points at 4.
The blue-chip index dropped 119.07 points, or 0.29%, to finish at 41,249.38. The S&P 500 edged down 0.07% to close at 5,659.91, while the Nasdaq Composite was nearly flat, ending the day at 17,928.92.
US Stock market futures are facing pressure as tariff uncertainty continues to dominate the conversation. The S&P 500, Dow Jones, and Nasdaq futures struggle for direction after recent tech rallies, especially in companies like Nvidia.