US EditionWall Street dips as euphoria over China-US trade truce fades and new inflation data arrives
- On May 13, 2025, Wall Street moved to open with losses as initial enthusiasm over a 90-day U.S.-China tariff truce faded amid new inflation data and earnings reports.
- The temporary tariff reductions followed weekend trade talks in Geneva but faced continued challenges as many countries have not secured similar tariff relief agreements.
- The U.S. Agreed to cut tariffs on Chinese goods from as high as 145% to 30%, and China lowered its tariffs on U.S. Goods from 125% to 10%, providing a 90-day pause that reassured investors but stopped short of a final deal.
- Futures for the S&P 500 fell 0.2%, Dow futures dropped 0.6%, and Nasdaq futures slipped 0.1%, while experts like Stephen Innes said the outcome reassured investors but stressed 'it's not done deal yet.'
- The agreement raised hopes for easing trade tensions but implied ongoing economic risks, prompting calls for investors to remain cautious and prepare for potential unexpected developments.
28 Articles
28 Articles
Wall Street Dips as Euphoria over China-US Trade Truce Fades and New Inflation Data Arrives
Get latest articles and stories on World at LatestLY. Wall Street is on track to open with losses Tuesday as the initial euphoria over the 90-day truce in the US-China trade war faded and markets turned their attention to corporate earnings and new inflation data. World News | Wall Street Dips as Euphoria over China-US Trade Truce Fades and New Inflation Data Arrives.
Idaho Press
Wall Street dips as euphoria over China-US trade truce fades and new inflation data arrives
Wall Street was on track to open with losses as the initial euphoria over the 90-day truce in the U.S.-China trade war faded and markets turned their attention to corporate earnings and the latest inflation data. Futures for the S&P…
Futures Dip As Torrid Squeeze Pauses Ahead Of CPI Report - Nemos News Network
US equity futures are modestly lower ahead of today’s CPI report, but well off session lows, as markets take a slight pause following yesterday’s surge and as trade war truce euphoria gives way to lingering concerns about inflation and economic growth. As of 8:00am ET, S&P and Nasdaq 100 futures were down 0.2% with Mag7 and Semis names weaker pre-mkt, pulling the index lower. UnitedHealth Group sank 10% in pre-market trading after suspending its…
Wall Street Pauses: Stock Futures Dip Ahead of Key Inflation Report - Wall Street Pit
Stock futures declined Tuesday after a strong Wall Street rally, with Dow Jones Industrial Average futures falling 175 points, or 0.41%, to 42,318.00, driven by a 9% drop in UnitedHealth Group (UNH) shares following suspended 2025 guidance and a CEO change. Monday’s market surge, fueled by a U.S.-China deal to…
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