Trade Negotiations
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Investopedia· 2025-06-10 22:30
U.S. equities were mostly edging higher at midday with the market watching for developments in U.S.-China trade negotiations. https://t.co/UDs8a15jst ...
China seems to be in the 'driver's seat' in US trade negotiations
Yahoo Finance· 2025-06-09 05:38
US and Chinese officials including Commerce Secretary Howard Lutnik, Treasury Secretary Scott Besson, and US Trade Rep. Jameson Greer are in London Monday for trade negotiations as both nations work to reach a deal while hefty reciprocal tariffs are paused. National Economic Council Director Kevin Hasset telling CBS he's quote very comfortable with the prospect of the US and China reaching a deal. Wendy Schiller, Brown University professor of political science joins us now for more. Wendy, great to speak wi ...
China seems to be in the 'driver's seat' in US trade negotiations
Yahoo Finance· 2025-06-09 05:38
US and Chinese officials including Commerce Secretary Howard Lutnik, Treasury Secretary Scott Besson, and US Trade Rep. Jameson Greer are in London Monday for trade negotiations as both nations work to reach a deal while hefty reciprocal tariffs are paused. National Economic Council Director Kevin Hasset telling CBS he's quote very comfortable with the prospect of the US and China reaching a deal. Wendy Schiller, Brown University professor of political science joins us now for more. Wendy, great to speak wi ...
Wall Street Rebounds, Eli Lilly Rallies, UnitedHealth Group Plummets: What's Driving Markets Thursday?
Benzinga· 2025-04-17 18:05
Market Overview - Wall Street experienced a rebound in risk appetite ahead of the Easter weekend, driven by positive signals from President Trump regarding trade negotiations with the EU and China [1] - The S&P 500 rose by 0.9%, while the Nasdaq 100 increased by 0.5%, recovering from a previous 3% decline [2] - The Dow Jones fell by 0.9%, primarily due to a significant 23% drop in UnitedHealth Group Inc. after the company reduced its full-year earnings forecast [2] Sector Performance - Energy stocks led the gains for the day, supported by rising oil prices, with Exxon Mobil Corp. increasing by 4.1% and Chevron Corp. advancing by 3.5% [2] - The SPDR S&P 500 ETF Trust rose by 0.8% to $530.09, while the SPDR Dow Jones Industrial Average fell by 0.7% to $394.05 [7] - The Energy Select Sector SPDR Fund outperformed with a 3.5% increase, while the Health Care Select Sector SPDR Fund lagged, down 0.1% [7] Notable Stock Movements - Eli Lilly Inc. surged by 16% after announcing successful Phase 3 trials for its oral GLP-1 receptor agonist, Orforglipron [7] - Fidelity National Information Services jumped by 9% following a $13.5 billion acquisition of Global Payments Inc.'s Issuer Solutions business, expected to generate over $125 million in annual revenue synergies [7] - Companies reacting to earnings reports included American Express Co. up 0.5%, Blackstone Inc. up 1.9%, and Charles Schwab Corp. up 2.7% [7] - Netflix Inc. rose by 2% ahead of its earnings report scheduled for release after market close [7]