{"id":49784,"date":"2025-06-11T17:02:42","date_gmt":"2025-06-11T21:02:42","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/stock-market-today-markets-retreat-as-middle-east-tensions-overshadow-tame-inflation-data\/49784\/"},"modified":"2025-06-11T17:02:42","modified_gmt":"2025-06-11T21:02:42","slug":"stock-market-today-markets-retreat-as-middle-east-tensions-overshadow-tame-inflation-data","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-markets-retreat-as-middle-east-tensions-overshadow-tame-inflation-data\/49784\/","title":{"rendered":"Stock Market Today: Markets Retreat as Middle East Tensions Overshadow Tame Inflation Data"},"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-markets-retreat-as-middle-east-tensions-overshadow-tame-inflation-data\/49784\/#Major_Indexes_Pull_Back_After_Three-Day_Rally\" >Major Indexes Pull Back After Three-Day Rally<\/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-markets-retreat-as-middle-east-tensions-overshadow-tame-inflation-data\/49784\/#Inflation_Data_Calms_Tariff_Concerns\" >Inflation Data Calms Tariff Concerns<\/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-markets-retreat-as-middle-east-tensions-overshadow-tame-inflation-data\/49784\/#Middle_East_Tensions_Spook_Markets\" >Middle East Tensions Spook Markets<\/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-markets-retreat-as-middle-east-tensions-overshadow-tame-inflation-data\/49784\/#Tech_Giants_Weigh_on_Markets\" >Tech Giants Weigh on Markets<\/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-markets-retreat-as-middle-east-tensions-overshadow-tame-inflation-data\/49784\/#US-China_Trade_Deal_Progress\" >U.S.-China Trade Deal Progress<\/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-markets-retreat-as-middle-east-tensions-overshadow-tame-inflation-data\/49784\/#After-Hours_Earnings_in_Focus\" >After-Hours Earnings in Focus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-markets-retreat-as-middle-east-tensions-overshadow-tame-inflation-data\/49784\/#Looking_Ahead_Tomorrows_Market_Events\" >Looking Ahead: Tomorrow&#8217;s Market Events<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-markets-retreat-as-middle-east-tensions-overshadow-tame-inflation-data\/49784\/#Market_Outlook\" >Market Outlook<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Major_Indexes_Pull_Back_After_Three-Day_Rally\"><\/span>Major Indexes Pull Back After Three-Day Rally<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Wall Street&#8217;s major indexes retreated on Wednesday, June 11, 2025, as geopolitical concerns in the Middle East overshadowed positive inflation data. The <b><a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a> fell 0.25% to 6,023.72<\/b>, while the <b>Nasdaq Composite dropped 0.47% to 19,621.46<\/b>. The <b><a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average<\/b> managed to eke out a minimal gain of 0.01% to close at 42,872.22.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<p>Today&#8217;s market recap shows investors taking profits after a strong three-day rally that had pushed the S&#038;P 500 and Nasdaq to their highest levels since February. The benchmark S&#038;P 500 remains less than 2% away from its all-time closing high, despite today&#8217;s pullback.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Inflation_Data_Calms_Tariff_Concerns\"><\/span>Inflation Data Calms Tariff Concerns<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Wednesday&#8217;s market action was initially positive following the release of May&#8217;s Consumer Price Index (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=CPI\">CPI<\/a>) data. The report showed inflation increased only marginally in May, with the annual headline inflation rate coming in at 2.4%, lower than economists&#8217; expectations of 2.5%.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<p>&#8220;There&#8217;s still concern about Trump&#8217;s tariffs being inflationary, but this report was better than expected and it fuels hope that the Federal Reserve will be able to step in with rate cuts later on this year,&#8221; said Robert Pavlik, senior portfolio manager at Dakota Wealth.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<p>Traders now project a 70% chance that the Federal Reserve will cut interest rates by its September policy meeting, according to the CME Group&#8217;s FedWatch tool.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Middle_East_Tensions_Spook_Markets\"><\/span>Middle East Tensions Spook Markets<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The market&#8217;s early gains evaporated in the afternoon following reports that the United States is preparing a partial evacuation of its Iraqi embassy due to heightened security risks in the region. A senior Iranian official said earlier that Tehran will strike U.S. bases in the region if nuclear negotiations fail and conflict arises with the United States.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<p>This geopolitical uncertainty prompted investors to take a more cautious stance in today&#8217;s <b><a href=\"https:\/\/stockmarketwatch.com\/live\/stock-market-today\" data-internallinksmanager029f6b8e52c=\"6\" title=\"Stock Market Today\">stock market live<\/a><\/b> trading session, with many rotating into safer assets.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tech_Giants_Weigh_on_Markets\"><\/span>Tech Giants Weigh on Markets<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Amazon (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AMZN\">AMZN<\/a>) and Nvidia (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NVDA\">NVDA<\/a>) declined following recent gains, contributing significantly to the S&#038;P 500&#8217;s retreat.<cscitation citation_id=\"task_1__3\"><\/cscitation> Other technology stocks also faced selling pressure as investors reassessed valuations after the sector&#8217;s strong performance in recent weeks.<\/p>\n<p>Tesla (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=TSLA\">TSLA<\/a>) was a bright spot, rising nearly 3% in today&#8217;s <b>markets today<\/b> session. The electric vehicle maker appears to be recovering from recent volatility caused by public disagreements between CEO Elon Musk and former President Donald Trump over economic policies.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"US-China_Trade_Deal_Progress\"><\/span>U.S.-China Trade Deal Progress<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>President Trump announced that the U.S. deal with China was completed, with Beijing agreeing to supply magnets and rare earth minerals. This follows yesterday&#8217;s announcement that officials from Washington and Beijing had agreed on a framework to put their tariff truce back on track.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<p>According to a White House official, the agreement allows the U.S. to charge a 55% tariff on imported Chinese goods, including a 10% baseline &#8220;reciprocal&#8221; tariff, a 20% tariff for fentanyl trafficking, and a 25% tariff for other issues.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<p>&#8220;The worst-case scenario is probably behind us. There&#8217;s a little bit of face-saving for both sides,&#8221; said John Praveen, managing director at Paleo Leon in Princeton, New Jersey.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"After-Hours_Earnings_in_Focus\"><\/span>After-Hours Earnings in Focus<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>After today&#8217;s <b>market close<\/b>, Oracle (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=ORCL\">ORCL<\/a>) is scheduled to release its quarterly earnings report, with analysts expecting a move of approximately 7.75% in either direction based on options pricing.<cscitation citation_id=\"task_2__1\"><\/cscitation> Oxford Industries (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=OXM\">OXM<\/a>), the parent company of Tommy Bahama and Lilly Pulitzer, is also reporting after the bell, with an expected move of around 9.59%.<cscitation citation_id=\"task_2__1\"><\/cscitation><\/p>\n<p>Earlier today, Chewy (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=CHWY\">CHWY<\/a>) reported before the market opened, with investors closely watching the online pet retailer&#8217;s performance amid changing consumer spending patterns.<cscitation citation_id=\"task_2__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Looking_Ahead_Tomorrows_Market_Events\"><\/span>Looking Ahead: Tomorrow&#8217;s Market Events<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In Thursday&#8217;s <b>todays stock market recap<\/b>, investors will be watching several key economic reports. The Producer Price Index (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=PPI\">PPI<\/a>) for May will be released at 8:30 AM Eastern Time, providing further insights into inflation trends. Economists expect the year-over-year PPI to show a 2.4% increase.<cscitation citation_id=\"task_3__2\"><\/cscitation><\/p>\n<p>Weekly jobless claims data will also be published tomorrow morning, offering the latest snapshot of the labor market&#8217;s health.<cscitation citation_id=\"task_3__2\"><\/cscitation><\/p>\n<p>In the United Kingdom, several important economic indicators will be released, including GDP data, industrial production figures, and trade balance information, which could impact global <b>market news today<\/b> and tomorrow.<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>Despite today&#8217;s pullback, the overall <b>market recap<\/b> remains positive, with major indexes trading near multi-month highs. Investors continue to bet that the United States will reach trade agreements that reduce steep trade barriers, which has been a key driver of the recent rally.<cscitation citation_id=\"task_1__3\"><\/cscitation><\/p>\n<p>However, geopolitical tensions in the Middle East and ongoing concerns about the inflationary impact of tariffs could introduce volatility in the coming days. Traders will be closely monitoring tomorrow&#8217;s PPI data and upcoming corporate earnings for further direction.<\/p>\n<p>As we move deeper into June, the <b><a href=\"https:\/\/stockmarketwatch.com\/live\/stock-market-today\" data-internallinksmanager029f6b8e52c=\"6\" title=\"Stock Market Today\">stock market today<\/a><\/b> continues to navigate a complex landscape of economic data, geopolitical developments, and corporate performance, all while maintaining a relatively strong position compared to earlier this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major Indexes Pull Back After Three-Day Rally Wall Street&#8217;s major indexes retreated on Wednesday, June 11, 2025, as geopolitical concerns 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