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- by economictimes.indiatimes.com
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US stock market today: Dow, S&P 500, Nasdaq rise after Trump-Xi call sparks trade optimism — but investors urged to stay cautious amid jobs data, Tesla and Apple in focus
US Stock market today stayed mostly flat as Wall Street digested a phone call between President Trump and Chinas Xi Jinping. Investors hoped the talk would ease US-China trade tensions, but markets were unconvinced. The Dow Jones and S&P 500 dipped 0.1%, while the Nasdaq Composite stayed near even. Meanwhile, jobless claims hit an eight-month high, raising concerns about the US labor market. Continuing claims hovered near a four-year peak, signaling a slowdown. With earnings from Lululemon and Broadcom expected, and the May jobs report ahead, investors are watching closely.
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