In This Article:
US stock futures (ES=F, NQ=F, YM=F) are above their flatlines in Tuesday's pre-market trading ahead of May's Consumer Price Index (CPI) due out tomorrow, Wednesday, June 11.
President Trump characterized trade talks with Chinese officials as "not easy" as the Trump administration negotiates export controls and rare earth minerals with the rival superpower.
iPhone maker Apple (AAPL) seemingly underwhelmed investors with its AI announcements at its 2025 Worldwide Developers Conference (WWDC) on Monday.
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Let's get to the three things that you need to know today. First up, US stock futures trading softly this morning after closing out flat in Monday's trade. While the S&P 500 trading near record high, investors are awaiting tomorrow's CPI print and any updates on trade as key catalysts to drive further gains for stocks. Analyst firms including Barclays and JP Morgan see more upside for US stocks as they expect in institutional investors to ditch their cautious stance and ramp up exposures to equities.
Plus negotiators for the US and China are meeting for a second day of discussions in London. Prior to the meeting, President Trump told reporters that talks are going well, but China is quote not easy. Treasury Secretary Scott Bessette and Commerce Secretary Howard Lutnick are leading the discussions focused on reestablishing terms of an agreement reached in Geneva last month, including more rare earth shipments to the US and the US removing recent measures targeting certain goods on China, including semiconductors.
And shares of Apple flat on the day following the company's worldwide developers conference where it unveiled a slew of updates to its various software platforms. Consumers and investors had high expectations ahead of the event after Apple indefinitely delayed some artificial intelligence features that it had announced at last year's conference. Apple's efforts to start an AI comeback at this year's event fell short, the analyst on Wall Street calling it quote disappointing.