
US stock market today: S&P 500 flat, Dow Jones down, Nasdaq‑100 up— biggest gainers, losers as Wall Street eyes US-China trade talks and potential tariff deal
US
stock market live
update: Dow Jones drops 185 points as investors await
US-China trade talks
progress-
The US stock market opened slightly weaker on Monday, June 9, as Wall Street turned its attention to critical trade talks between the United States and China. Early trading saw the Dow Jones Industrial Average fall by 185 points, or about 0.5%, marking a cautious start to the week. The S&P 500 dipped 0.1%, while the Nasdaq Composite edged up slightly by 0.1% around 9:35 a.m. Eastern Time.
Traders are closely watching the developments in London, where senior officials from both countries are meeting to ease long-standing trade tensions. The discussions aim to address a range of economic disputes and possibly roll back mutual tariffs that have been weighing on global supply chains for years.
How are the major indices performing?
S&P 500 (SPY):
Sitting steady at about 599.15, virtually unchanged from the previous close, remaining just under the 6,000 mark.
Dow Jones Industrial Average (DIA):
Dropping roughly 0.21% to 427.47, reflecting some investor caution.
Nasdaq-100 (QQQ):
Climbing around 0.16% to 530.77, fueled by strength in the tech sector.
Which stocks are making the biggest moves?
Top gainers today include:
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Here's What a New Roof Should Cost in 2025
HomeBuddy.com
Learn More
Undo
Warner
Bros Discovery:
Surging 7-9% following news of a company split.
IonQ:
Up about 3% after announcing an acquisition of Oxford Ionics.
Merck:
Rising 1.1%, boosted by positive trial results.
Nvidia:
Gaining between 1.3% and 2.3%, riding the wave of AI enthusiasm.
Qualcomm:
Jumping 4.4% on completion of its Alphawave IP purchase.
Apple:
Adding 0.7%, supported by new AI features unveiled at the WWDC event.
Biggest losers include:
Robinhood:
Dropping 7.4% after being excluded from the S&P 500 index.
Tesla:
Down between 0.3% and 2%, impacted by a recent downgrade and fallout from Musk-related news.
EchoStar:
Falling 8.2% amid bankruptcy rumors.
Live Events
Why are the US and China meeting now — and what's at stake for the stock market?
This week's US-China trade talks are seen as pivotal for the global economy. Tariffs imposed in past years have disrupted everything from electronics to heavy equipment. Though those tariffs are currently paused, no permanent deal has been reached.
Analysts believe that progress in these talks could help avoid a potential economic slowdown or even a recession, especially if they result in the reduction or removal of tariffs on both sides. A positive outcome could also reignite investor confidence and fuel another leg up in the US stock market rally.
These modest moves reflect investor hesitancy. Market players are clearly waiting for concrete news before making big decisions. The S&P 500 remains just 2.5% below its all-time high, buoyed by hopes that the US may reach trade agreements that roll back tariffs globally.
What's driving the stock market recovery in 2025?
One major factor behind the stock market's strong recovery has been the belief that President Donald Trump will reduce trade barriers as part of broader global deals. After plunging by nearly 20% from its peak two months ago, the S&P 500 has made a swift comeback.
That optimism is largely driven by expectations that smoother trade relations — particularly with major economies like China — will relieve pressure on multinational companies and bring stability back to supply chains.
Are tariffs still in effect, and why does it matter now?
Currently, both the US and China have put a pause on new tariffs, but existing ones remain. These tariffs have cost industries billions, increased consumer prices, and created uncertainty for global manufacturers.
What's important now is whether these paused tariffs are finally lifted. This could significantly improve the flow of goods, lower costs, and potentially lead to more business investments, especially in sectors like tech, agriculture, and manufacturing.
Could US-China trade deals shape the next market trend?
Absolutely. Any meaningful breakthrough in US-China trade negotiations could serve as a key catalyst for markets. Investors are looking for long-term clarity, not just temporary relief.
If Monday's talks in London show signs of real progress, we could see increased investor confidence, reduced market volatility, and fresh momentum across Dow Jones, S&P 500, and Nasdaq.
But without a deal, continued uncertainty could weigh on the markets in the coming weeks.
What's driving the market today?
Trade talks between the U.S. and China
in London continue to shape investor sentiment, contributing to the Dow's decline and a slight Nasdaq boost.
Inflation concerns remain front and center
, with traders awaiting this week's CPI and core PCE data releases. Expectations suggest the Federal Reserve may hold interest rates steady for now.
Sector trends
show technology stocks powering the gains, while healthcare lags behind.
What should investors watch next?
Investors should keep a close eye on the statements or outcomes from the US-China meetings. Any mention of progress on tariff rollbacks, trade agreements, or economic cooperation could trigger immediate market reactions.
It's also worth noting that the Federal Reserve's next move, broader economic indicators, and the 2024 US election climate remain in focus as secondary factors influencing the market direction.
FAQs:
Q1: Why did the Dow Jones fall 185 points today?
The Dow Jones dropped due to investor caution ahead of the US-China trade talks.
Q2: What are US-China trade talks about?
The talks aim to ease tariffs and settle long-running trade disputes affecting the global economy.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India.com
32 minutes ago
- India.com
Meet QRSAM – India's Strongest Rs 30,000 Cr Missile Wall That Will Crush Pakistan's Drones, Block China's Jets
New Delhi: India is set to bring home a deadly new shield, the Quick Reaction Surface-to-Air Missile (QRSAM) system, in a deal worth Rs 30,000 crore. It is fast and smart. And it kills moving threats in seconds. It is a mobile missile defence system designed to track and destroy enemy aircraft and drones in real-time. It reacts quickly, locks onto fast-moving targets and takes them out in a flash. This new system will be deployed near the Pakistan and China borders. Three full regiments will protect the skies. Sources say the Ministry of Defence is ready to seal the deal with the DRDO. The QRSAM is a beast in battle. It can track enemy aircraft from 120 km away. It can lock onto threats from 80 km. And it does not wait. It finds. It fires. It finishes. It works in the day. It works at night. It can move from place to place. And most importantly, it takes down moving targets at short notice. The QRSAM will strengthen India's short-to-medium range air defence, support systems like MRSAM and Akash and fill the gaps by intercepting threats that sneak in under radar coverage. With a range of 30 km, it will team up with India's other missiles such as MRSAM and Akash to trap anything that tries to enter Indian airspace. A top-level meeting is expected later this month. Sources say QRSAM could soon be inducted into the armed forces. After May's Conflict, India Moves Fast From May 7 to 10, India and Pakistan clashed in a shadow war. Pakistan fired Chinese missiles. It sent Israeli drones. But none could breach India's air shield. Akashteer, S-400 and Iron Drone systems struck them down mid-air. Not a single missile made it to its target. Akashteer became the unexpected hero. It is powered by artificial intelligence. It controls all ground air-defence systems through one brain. It connects radars, sensors and comms in real time. That edge saved lives. Difference between QRSAM and S-400 S-400 is a long-range defence system with a reach of up to 400 km. The QRSAM is for short-range and fast-reaction strikes within 30 km. While S-400 locks onto threats from far away, the QRSAM is designed to handle close-in, sudden threats like low-flying jets and drones. S-400 is the king of India's air defence. It blocks enemy missiles, rockets, drones and fighter jets. Russia made it. India bought five units in 2018 for Rs 40,000 crore. Each unit is mobile. It can move fast. Its radar sees targets from 600 km away. Within minutes, it is ready to fire. It can track 160 targets at once and launch two missiles per threat. The version India has hits from 400 km away. It can also strike threats 30 km above the ground. That makes it one of the world's most advanced defence systems. With QRSAM joining forces with Akash, S-400 and Iron Dome-style defences, India is building an air wall no missile can cross.


Time of India
32 minutes ago
- Time of India
Andhra Pradesh unveils plans to lead in quantum technologies and artificial intelligence
Vijayawada: Chief minister N Chandrababu Naidu said that Andhra Pradesh's quantum mission should lead the way in quantum technologies and artificial intelligence (AI) in the country. He stated that Amaravati's Quantum Valley should be designed in such a way that it will gain a distinct identity akin to Silicon Valley. Naidu held a meeting with experts from the IT sector and sought inputs from them for developing Quantum Valley ecosystem in Amaravati. Naidu announced that a workshop on the 'quantum mission' will be held in Vijayawada on June 30. Stressing the importance of meticulous attention to every aspect of Quantum valley's development, he directed officials to ensure that the proposed building becomes an iconic structure. Drawing a parallel, he said just as Hyderabad's Hi-Tech city building, which once stood out as a symbol of progress, the upcoming Quantum Valley in Amaravati must become equally iconic. The Quantum Valley is being set up with Rs 4,000 crore in two phases. The state's quantum mission aims to position Andhra Pradesh as a hub of quantum innovation, strengthen the knowledge economy, and become a key partner in the national quantum mission. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Buy Brass Idols - Handmade Brass Statues for Home & Gifting Luxeartisanship Buy Now Undo While the chief minister leads the mission, an expert committee comprising IT minister, chief secretary, IT secretary, finance secretary, mission director, and others will constitute the composition of the mission. The mission will be implemented in two phases. In phase-I, between 2025 and 2017, the focus will be on infrastructure development, education, research, and pilot programme. In phase II, between 2027 and 2030, the focus will be on propelling Andhra Pradesh towards global leadership, boosting commercialisation, and export capabilities. The govt has also decided to appoint a director for the quantum mission shortly. The mission will be anchored by IBM. Representatives from the IT, pharma, agro, and healthcare sectors, along with universities, colleges, startups, and innovators, will be invited to participate in the upcoming quantum mission workshop this month.


Time of India
32 minutes ago
- Time of India
In last 11 yrs, PM Modi has transformed lives across diverse sectors: CM
Bhubaneswar: Work done by the Centre under Prime Minister Narendra Modi 's leadership has ensured massive transformations across diverse sectors, chief minister Mohan Charan Majhi said on Monday, hailing the PM's 11 years in office. "In the last 11 years under the leadership of PM Shri Narendra Modi ji, the BJP-led NDA government has taken many important steps to improve the lives of common people. Schemes like Ujjwala, PM Awas Yojana, Ayushman Bharat, Jan Aushadhi, and PM-Kisan have brought hope and support to millions. With unwavering dedication and a spirit of seva, we've worked tirelessly to make everyday life easier for every Indian," Majhi wrote on 'X'. According to deputy chief minister K V Singh Deo, the country touched new heights during the last 11 years. "Under his (PM Modi) resolute leadership, India has advanced on the path of transformation, embracing progress that uplifts every section of society. His vision and commitment have firmly established India as a formidable force on the global stage, redefining governance with purpose and impact," KV's 'X' post read. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Düsseldorf: GEERS sucht 700 Testhörer für Hörgeräte ohne Zuzahlung GEERS Undo Revenue minister Suresh Pujari lauded PM Modi for according special priority to Odisha. "The Odisha govt will be completing one year in office on June 12, which coincides with the 11th year of the central government. PM Narendra Modi Ji will be coming to Odisha on June 20, and this will be his 6th visit within a year. He loves East India and is deeply connected with the growth of people and the development of Odisha," Pujari said. He said that the Modi-led govt at the Centre in the last one year has contributed a lot to Odisha's development and provided all types of assistance, including funding. BJP MLA from Aska, Saroj Kumar Padhi said, "In the last 11 years, the whole world has started bowing before India. Global leaders are all praise for Modi ji over his bold moves against Pakistan and zero tolerance to terrorism."