The S&P 500 Index ($SPX) (SPY) today is up +0.27%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.43%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.12%. June E-mini S&P futures (ESM25) are up +0.31%, and June E-mini Nasdaq futures (NQM25) are up +0.18%.
Stock indexes today are trading higher on an easing of US-China trade tensions as representatives from both countries will meet for their first trade talks since President Trump imposed tariffs on US trading partners. US Treasury Secretary Bessent and US Trade Representative Greer will travel to Switzerland for trade talks on Saturday and Sunday with Chinese Vice Premier He Lifeng. Bessent said the talks focus on de-escalating the tariff standoff between the two countries. He said the current tariff rates aren’t sustainable and are equivalent to a trade embargo.
