{"id":49741,"date":"2025-06-09T15:02:43","date_gmt":"2025-06-09T19:02:43","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/stock-market-today-sp-500-hovers-near-record-high-as-us-china-trade-talks-begin\/49741\/"},"modified":"2025-06-09T15:02:43","modified_gmt":"2025-06-09T19:02:43","slug":"stock-market-today-sp-500-hovers-near-record-high-as-us-china-trade-talks-begin","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-sp-500-hovers-near-record-high-as-us-china-trade-talks-begin\/49741\/","title":{"rendered":"Stock Market Today: S&#038;P 500 Hovers Near Record High as US-China Trade Talks Begin"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-sp-500-hovers-near-record-high-as-us-china-trade-talks-begin\/49741\/#Markets_Mixed_as_Investors_Monitor_US-China_Trade_Developments\" >Markets Mixed as Investors Monitor US-China Trade Developments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-sp-500-hovers-near-record-high-as-us-china-trade-talks-begin\/49741\/#US-China_Trade_Talks_Take_Center_Stage\" >US-China Trade Talks Take Center Stage<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-sp-500-hovers-near-record-high-as-us-china-trade-talks-begin\/49741\/#Tech_Stocks_in_Focus_as_Apples_WWDC_Kicks_Off\" >Tech Stocks in Focus as Apple&#8217;s WWDC Kicks Off<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-sp-500-hovers-near-record-high-as-us-china-trade-talks-begin\/49741\/#Corporate_News_Driving_Individual_Stock_Movements\" >Corporate News Driving Individual Stock Movements<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-sp-500-hovers-near-record-high-as-us-china-trade-talks-begin\/49741\/#Key_Economic_Data_and_Events_Ahead\" >Key Economic Data and Events Ahead<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-sp-500-hovers-near-record-high-as-us-china-trade-talks-begin\/49741\/#Market_Outlook\" >Market Outlook<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Markets_Mixed_as_Investors_Monitor_US-China_Trade_Developments\"><\/span>Markets Mixed as Investors Monitor US-China Trade Developments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Major U.S. stock indexes showed mixed performance Monday as investors closely watched the start of trade talks between the United States and China in London. The <b><a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average<\/b> fell 75 points, while the <b><a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a><\/b> remained flat, hovering near record territory. The tech-heavy <b>Nasdaq Composite<\/b> gained 0.15% as technology stocks continued their recent momentum.<\/p>\n<p>The S&#038;P 500 is currently less than 2.4% away from its all-time record high of 6,144.15 set on February 19, having rallied more than 20% since early April when it approached bear market territory. This remarkable recovery comes after President Trump softened his initial plans for sweeping tariffs, easing investor concerns about potential economic damage.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<p>&#8220;Markets have moved higher on tariff postponement and the perception that they will be more moderate than initially announced,&#8221; said Richard Saperstein, chief investment officer at Treasury Partners. &#8220;We expect markets to remain headline sensitive, as trade deals take time to negotiate and unsettling tariff news is likely to cause volatility.&#8221;<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"US-China_Trade_Talks_Take_Center_Stage\"><\/span>US-China Trade Talks Take Center Stage<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Today&#8217;s meeting between U.S. and Chinese officials in London marks a critical development in the ongoing trade relationship between the world&#8217;s two largest economies. The talks follow a phone conversation between President Trump and Chinese President Xi Jinping last Thursday, which helped fuel market optimism about a potential thaw in tensions.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<p>The market&#8217;s recent rally reflects growing confidence that the two sides won&#8217;t reimpose massive tariffs on one another. Wall Street has experienced historic levels of uncertainty and volatility this year as Trump has gone back and forth on tariff policies, with the S&#038;P 500 slumping in March and early April before steadily regaining ground as the administration paused most tariffs.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tech_Stocks_in_Focus_as_Apples_WWDC_Kicks_Off\"><\/span>Tech Stocks in Focus as Apple&#8217;s WWDC Kicks Off<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Technology stocks are drawing significant attention today as <b>Apple (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AAPL\">AAPL<\/a>)<\/b> hosts its highly anticipated Worldwide Developers Conference. Shares of the tech giant were up 0.5% ahead of CEO Tim Cook&#8217;s keynote speech scheduled for this afternoon, where the company is expected to unveil its new artificial intelligence strategy.<cscitation citation_id=\"task_2__1\"><\/cscitation><\/p>\n<p>Other major tech companies showed strength as well, with AI chip leader <b>Nvidia (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NVDA\">NVDA<\/a>)<\/b> rising more than 1%. <b>Amazon (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AMZN\">AMZN<\/a>)<\/b>, <b>Alphabet (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=GOOG\">GOOG<\/a>)<\/b>, <b>Meta Platforms (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=META\">META<\/a>)<\/b> and <b>Broadcom (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AVGO\">AVGO<\/a>)<\/b> all posted gains, continuing the momentum that has made communication services the top-performing S&#038;P 500 sector last week with a 3.19% increase.<cscitation citation_id=\"task_2__1\"><\/cscitation><\/p>\n<p>Meanwhile, <b>Tesla (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=TSLA\">TSLA<\/a>)<\/b> fell 1.5%, extending its volatile performance following last week&#8217;s public disagreement between CEO Elon Musk and President Trump. <b>Microsoft (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=MSFT\">MSFT<\/a>)<\/b> also edged lower after reaching a record high last week.<cscitation citation_id=\"task_2__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Corporate_News_Driving_Individual_Stock_Movements\"><\/span>Corporate News Driving Individual Stock Movements<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In corporate developments, <b>Warner Bros. Discovery (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=WBD\">WBD<\/a>)<\/b> shares jumped more than 6% after the entertainment giant announced plans to split into two publicly traded companies, separating its cable business from its streaming and studio units.<cscitation citation_id=\"task_2__1\"><\/cscitation><\/p>\n<p>Trading platform <b>Robinhood Markets (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=HOOD\">HOOD<\/a>)<\/b> and adtech company <b>Applovin (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=APP\">APP<\/a>)<\/b> each dropped more than 3%. Both companies were considered potential candidates for inclusion in the S&#038;P 500 ahead of an expected rebalancing of the benchmark index, but no changes were made.<cscitation citation_id=\"task_2__1\"><\/cscitation><\/p>\n<p>Shares of USDC stablecoin issuer <b>Circle Internet Group (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=CRCL\">CRCL<\/a>)<\/b> surged 17%, building on substantial gains since the company&#8217;s IPO last week.<cscitation citation_id=\"task_2__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Economic_Data_and_Events_Ahead\"><\/span>Key Economic Data and Events Ahead<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors are preparing for a busy week of potential market-moving economic data. The U.S. inflation report for May will be released on Wednesday, with markets closely watching for any signs that recent tariffs are driving up prices. According to recent PMI surveys, U.S. companies have reported the largest rise in prices charged for goods and services since September 2022, partly due to tariff-related supply shortages.<cscitation citation_id=\"task_3__1\"><\/cscitation><\/p>\n<p>Other important releases this week include U.S. Producer Price Index (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=PPI\">PPI<\/a>) data on Thursday and the University of Michigan consumer sentiment index on Friday, which will provide insights into inflation expectations and household confidence.<cscitation citation_id=\"task_3__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Market_Outlook\"><\/span>Market Outlook<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Wall Street banks have been adjusting their year-end projections for the S&#038;P 500 as shifts in trade policy and surprisingly strong economic data have changed the market outlook. Goldman Sachs raised its year-end target for the S&#038;P 500 to 6,100 in May, while Deutsche Bank recently increased its target to 6,550. JPMorgan Chase also raised its year-end target to 6,000 last week.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<p>&#8220;Absent major policy surprises, the path of least resistance is to new highs,&#8221; analysts at JPMorgan Chase noted in a recent report.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<p>As the S&#038;P 500 approaches a new record high, it will officially end the correction that began on March 13. Historically, the S&#038;P 500 has risen an average of 10% over the next 127 days at the conclusion of a correction, according to Sam Stovall, chief investment strategist at CFRA Research, though he cautions that &#8220;meaningful, extended gains are not assured.&#8221;<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<p>With trade talks underway and critical inflation data on the horizon, market participants will be watching closely for developments that could either sustain the recent rally or introduce new volatility to the <a href=\"https:\/\/stockmarketwatch.com\/live\/stock-market-today\" data-internallinksmanager029f6b8e52c=\"6\" title=\"Stock Market Today\">stock market today<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markets Mixed as Investors Monitor US-China Trade Developments Major U.S. stock indexes showed mixed performance Monday as investors closely watched 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