China, Trump and Stocks
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Inflation, Tariffs
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16hon MSN
The U.S. Treasury held a closely eyed $22 billion auction of 30-year bonds, and solid demand showed investors are still hungry for long-term government debt, despite policy uncertainty.
This week will bring consumer-price index and producer-price index data from May, providing new readings on inflation and how prices have changed as a result of tariff policies. Meanwhile, Apple is hosting its annual Worldwide Developers Conference,
Gold prices rose on Wednesday, helped by cooler-than-expected U.S. inflation numbers, strengthening investor expectations that the Federal Reserve would start cutting interest rates by September.
Live Updates Live Coverage Has Ended Done Deal 1:03 pm by Gerelyn Terzo The markets are trading apprehensively despite today’s better-than-expected inflation data and trade progress between the U.S. and China.
The latest Consumer Price Index report showed inflation rose slightly to 2.4%. Meanwhile, Trump said the U.S. and China have reached a trade framework. Follow along for live updates on the Dow, S&P 500,
Stock futures moved higher Wednesday morning as investors digested an encouraging report on inflation and the latest developments on trade talks between the U.S. and China.
While Donald Trump's wide-ranging taxes on imports face scrutiny in court, he has touted a new "deal" with China that will see tariffs against the country remain at historic levels. Here's what it will mean for you.