U.S. stocks hold steady as trade talks with China begin
Trader Jonathan Mueller works on the floor of the New York Stock Exchange, Thursday, June 5, 2025. (AP Photo/Richard Drew)
NEW YORK — U.S. stocks are drifting as the world's two largest economies begin talks on trade that could help avoid a recession.
The S&P 500 was little changed in early trading Monday. The Dow Jones Industrial Average slipped 79 points, or 0.2%, and the Nasdaq composite was up 0.1%.
Officials from the U.S. and China are meeting in London to talk about a range of disputes. Hopes that U.S. President Donald Trump will lower his tariffs after reaching trade deals with countries around the world have helped send the S&P 500 surging in recent weeks.
Warner Bros. Discovery jumped after saying it would split into two companies.
By Jiang Junzhe
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