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S&P 500 (NYSEARCA: SPY) Live: Markets Kick Off June in the Doldrums After China Trade Tensions Resurface

Summary by 247wallst.com
Live Updates Live Coverage Updates appear automatically as they are published. Factory Sector Slowdown 11:07 am by Gerelyn Terzo U.S. manufacturing activity continued its deceleration in May, marking the third consecutive month of contraction. The Manufacturing PMI registered 48.5%, a slight dip from 48.7% in April. This index, which reflects the health of both the manufacturing and services sectors, signals ongoing weakness. Not surprisingl…

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The market stabilized with a boost from technology stocks, although the increase in aggressive rhetoric on the trade front worries investors - Jerome Powell's silence unpleasantly surprised analysts and traders

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Wall Street opened the week and month of June with widespread falls in its main stock indexes. The Dow Jones Industrial Average pulled back 204 points, or 0.5%, at the session on Monday, June 2. Meanwhile, the S&P 500 dropped 0.3%, while the Nasdaq Composite remained practically flat, swinging around the point of equilibrium.The negative feeling in the markets intensified after trade tensions resurfaced between the United States and China. Beiji…

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CNBC broke the news in United States on Sunday, June 1, 2025.
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