The S&P 500 Index ($SPX) (SPY) Friday closed down -0.01%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.13%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.11%. June E-mini S&P futures (ESM25) are down -0.10%, and June E-mini Nasdaq futures (NQM25) are down -0.16%.
Stock indexes on Friday settled mixed. Stocks saw early pressure Friday as concern about US trade policy weighs on market sentiment. Late Thursday, US Treasury Secretary Bessent said that trade talks with China were "a bit stalled" and that a call between President Trump and Chinese President Xi Jinping may be needed to reach a deal. Stocks sank to their lows Friday when President Trump accused China of violating an agreement with the US to ease tariffs. US Trade Representative Greer said that China is "slow-walking" approvals for export licenses for rare-earth materials and is in noncompliance with the agreement both countries made earlier this month.
