China, Trump and Stocks
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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.
Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices declined for fourth month
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,
Bitcoin ( BTC) needs to avoid wicks below $100,000 as markets grapple with the US-China trade deal. New analysis from Keith Alan, co-founder of trading resource Material Indicators, also puts the 2025 yearly open as a “line in the sand” for Bitcoin bulls.
Thursday’s Forbes Daily newsletter covers latest on Boeing plane crash in India, May inflation, trade deal with China, the Global 2000 list of valuable companies & more.
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,
US stock futures wavered as Wall Street digested the latest progress on US-China trade negotiations and braced for the release of the May inflation report.
Inflation in the U.S. has been surprisingly tame despite the ongoing trade wars, but economists widely expect some increase. Just how much - and for how long - well, there's far less agreement about that.