Trump, Xi Speak; Jobless Claims, Productivity & Deficit Reports Out

Thursday, June 5, 2025Pre-market futures had been up +0.25% or so across the board, but came back down to “unched” from yesterday’s close following a few key economic data points. These data points were not bad across the board, but they do continue to narrative a subtle unraveling in things like a stout, impervious labor market.However, these same futures are just now rebounding back into the green on a report that President Trump and President Xi have spoken on the phone this morning -- clearly in hopes t ...