Global Shares Mostly Rise After Wall Street’s Rally Stalls on U.S. Economic Data
- Global shares mostly rose on June 5, 2025, as Wall Street's recent rally lost momentum amid mixed U.S. Economic data and ongoing trade tensions.
- This pause followed weaker-than-expected reports on U.S. Hiring and retail activity, with tariffs and inflation concerns pressuring investors and policymakers.
- Investors awaited Friday's comprehensive U.S. Jobs report while tariff negotiations continued, including talks between EU negotiator Maroa Ćef Ōvi and U.S. Trade Representative Jamieson Greer.
- Treasury yields fell, reflecting bets on Federal Reserve rate cuts later this year, while U.S. Benchmark crude rose to about $63 per barrel and the S&P 500 hovered near record highs.
- The data and market responses suggest uncertainty over tariffs’ impact and inflation, with the Fed likely to hold rates soon but possibly cutting them by September to support growth.
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The CAC 40 and S&P 500 have recently been halted, while the worrying statistics on the U.S. economy (employment, services, etc.) are accumulating. ETFs on equity indices thus mark a pause. Trackers, Capital's investment letter on ETFs, takes stock.
Wall Street’s rally stalls following economic reports
Wall Street’s big recent rally lost some momentum following a pair of potentially discouraging reports on the economy. The S&P 500 finished Wednesday virtually flat and remained 2.8% below its all-time high. The Dow Jones Industrial Average fell 91 points,…
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Total News Sources80
Leaning Left22Leaning Right5Center41Last UpdatedBias Distribution60% Center
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- 60% of the sources are Center
60% Center
L 32%
C 60%
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