
June S&P 500 E-Mini futures (ESM25) are trending up +0.32% this morning as investors pin their hopes on trade negotiations between Washington and Beijing.
Investors are eagerly awaiting the upcoming trade talks between the U.S. and China, set to take place in Switzerland this weekend, which President Trump expects to be “substantive.” U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer are set to meet with Chinese Vice Premier He Lifeng. Trump stated that if the talks go well, he may consider reducing the 145% tariff he has imposed on numerous Chinese goods.