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US stocks are stuck in limbo as Wall Street waits to hear what US-China trade talks will bear

  • Tokyo stocks rose on Tuesday for a third consecutive day as the Nikkei Stock Average gained 122.94 points following US-China trade talks in London.
  • The ongoing trade talks stemmed from phone discussions between US and Chinese leaders, leading to substantive negotiations but uncertainty about specific agreements remained.
  • Investors remained cautious ahead of key US inflation data this week, which many expect could influence Federal Reserve policy and market direction.
  • Strategist Maki Sawada noted that apprehensions about deteriorating U.S.-China relations lessened following meaningful discussions between the two countries, although progress was limited due to ongoing uncertainties.
  • The market showed tentative optimism with modest gains in US futures and Asian shares, but investors awaited further clarity on trade outcomes and inflation reports due later this week.
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Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
Lean Left

ASX set to rise, Wall Street rally stalls; Oil jumps

Wall Street’s rally is stalling on Wednesday after US stocks climbed back within 2 per cent of their all-time high.

·Sydney, Australia
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InsideNoVA.comInsideNoVA.com
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Center

Stocks muted as investors track US-China trade talks

Global stock markets moved indecisively Tuesday as investors waited for the outcome of US-China talks aimed at cementing a fragile trade war truce between the world's two biggest economies.

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U.S. News broke the news in New York, United States on Monday, June 9, 2025.
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