US stocks end mostly up as markets eye trade talks

BSS
Published On: 10 Jun 2025, 10:56

NEW YORK, June 10, 2025 (BSS/AFP) - Wall Street stocks edged higher Monday as US and Chinese representatives held high-stakes trade talks and markets looked ahead to key economic data.

Trade representatives for the world's two biggest economies plan a second day of talks on Tuesday following an opening round on Monday. Although there were no breakthroughs, the market has welcomed the negotiations.

"There's hopes that they're inching closer to some sort of a deal," said Peter Cardillo of Spartan Capital Securities.

The Dow Jones Industrial Average finished flat at 42,761.76.

The broad-based S&P 500 climbed 0.1 percent to 6,005.88, while the tech-rich Nasdaq Composite Index added 0.3 percent at 19,591.24.

Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer are leading the US delegation, while China's team included Commerce Minister Wang Wentao and China International Trade Representative Li Chenggang.


Among individual companies, Apple fell 1.2 percent after company executives emphasized its artificial intelligence efforts at the tech giant's annual developers conference, including allowing app makers to directly access a device's AI capabilities.

Apple has lagged some rivals in introducing AI-advancing updates to its Siri voice assistant and other programs.

Warner Brothers Discovery finished down 3.0 percent after unveiling a plan to split itself into two companies to better position for the streaming era.

The entertainment giant will break itself into two publicly traded companies: one covering "Streaming & Studios" and the other "Global Networks." The shift, designed to enable each venture to "maximize its potential," is expected to be completed by mid-2026, the company said.

This week's agenda includes releases on consumer and producer prices, key benchmarks on inflation.

  • Latest
  • Most Viewed
Trump deploys Marines, raising tensions in Los Angeles protests
Commonwealth Secretary General meets CA
UK All Party Parliamentary Group calls on CA
Bangladesh go down fighting 2-1 to Singapore
Hiker dies in Greece bear encounter
Over 91 lac animals sacrificed during Eid-ul-Azha
McIlroy with Rose and Lowry while Scheffler off late at US Open
BNP extends financial assistance to July uprising injured Niloy in Narsingdi
Israeli forces storm major West Bank city of Nablus
South Africa gamble on Mulder at number three in WTC final against Australia
১০