04:27 PM EDT, 06/12/2025– US benchmark equity indexes closed higher on Thursday, after a May producer prices rebound fell short of estimates.

The Nasdaq was up 0.2% to 19,662.49, while the S&P 500 increased 0.4% to 6,045.26. The Dow Jones Industrial Average gained 0.2% to 42,967.62. Among sectors, utilities headed the gainers’ rally, while communication services had the steepest decline.

US Treasury yields were mostly lower, with the 10-year rate decreasing 5.7 basis points to 4.36% and the two-year rate declining 3.7 basis points to 3.91%.

July West Texas Intermediate crude oil increased 0.1% to $68.24 a barrel on Thursday.

In economic news, US producer prices rebounded less than expected in May, according to government data released Thursday.

“The downside surprise on the May consumer and producer price report continues to offer relief for a (Federal Reserve) increasingly concerned about a potential acceleration in cost pressures,” Stifel said.

“Additionally at this point, this week’s reports indicate the impact of tariffs thus far remains somewhat muted, along with a hesitancy by at least some companies to pass on price increases to consumers.”

Weekly applications for unemployment insurance in the US remained at their highest level since October 2024, while continuing claims reached the highest point since November 2021, government data showed.

“Though inflation was tame in May and initial claims for unemployment insurance benefits have jumped in June, we don’t think this alters the Fed’s calculus yet,” Oxford Economics said. “We’re sticking with our forecast for the next rate cut to occur in December, but the Fed needs to carefully monitor whether businesses opt to lay off workers to cut costs because they’re eating more of the tariffs than anticipated.”

In company news, Oracle (ORCL) shares were up more than 13%, the top gainer on the S&P 500. The cloud computing company’s strong fiscal fourth-quarter results and increased revenue outlook are expected to help ease worries about a potential margin pressure, UBS Securities said in a Thursday note.

Cardinal Health (CAH) was among the best performers on the S&P 500, up 4.5%, after the drug distributor raised its fiscal 2025 earnings guidance and provided a preliminary bottom-line outlook above market estimates at the midpoint for the following year.

Chime Financial (CHYM) stock surged past 37% in the company’s debut on Nasdaq after the initial public offering of 32 million shares priced at $27 each.

Boeing (BA) shares declined 4.8%, the steepest decline on the S&P 500, after a 787-8 Dreamliner operated by Air India, bound for the UK, crashed shortly after takeoff. The plane carried 242 passengers and crew.

Gold increased 1.9% to $3,408.50 per troy ounce, while silver was up 0.5% to $36.43 per troy ounce.

07:10 AM EDT, 06/11/2025– Wall Street futures pointed modestly lower pre-bell Wednesday ahead of a national inflation report, and after an announcement that China and US negotiators in London had reached a “framework” for easing trade tensions.

In the futures, the S&P 500 fell 0.1%, the Nasdaq declined 0.1% and the Dow Jones was off 0.2%.

Markets also await the May consumer price index (CPI) report, slated for an 8:30 am ET release, and which is expected to show a 2.5% on-year gain, with a 2.9% rise on the CPI-core, that strips out certain food and energy.

Oracle (ORCL) plans to report earnings, post-bell.

Asian exchanges traded mostly higher overnight, while European bourses inched south midday on the continent.

On the economic calendar, in addition to the CPI report, is the weekly EIA petroleum status report at 10:30 am ET.

In pre-market action, bitcoin traded at $109,314, West Texas Intermediate crude oil traded higher at $65.95, and 10-year US Treasuries offered 4.50%. Spot gold traded for $3,332 an ounce.

04:27 PM EDT, 06/09/2025 — US benchmark equity indexes closed mixed on Monday, as the US and China initiated the latest round of trade negotiations.

The Nasdaq was up 0.3% to 19,591.24, while the S&P 500 increased 0.1% to 6,005.88. The Dow Jones Industrial Average remained flat at 42,761.76. Among sectors, consumer discretionary headed the gainers rally, while utilities paced the decliners.

US Treasury yields were lower, with the 10-year rate decreasing 2.3 basis points to 4.49% and the two-year rate dropping 3.1 basis points to 4.01%.

July West Texas Intermediate crude oil increased 1.2% to $65.35 a barrel on Monday.

Officials from the Trump administration are holding trade talks with representatives from China in London. US President Donald Trump said last week that he held a phone call with his Chinese counterpart, Xi Jinping.

In economic news, consumer expectations for one-year US inflation growth eased to 3.2% in May from 3.6% in the previous month, according to a survey released by the New York Federal Reserve Bank on Monday.

Total inventories of merchant wholesalers in the US were $908.7 billion at the end of April, up 0.2% from March. On a year-over-year basis, inventories increased by 2.3%.

In company news, Edison International’s (EIX) shares fell 8.1%, the worst performer on the S&P 500. Wolfe Research downgraded its rating on the company’s stock to peer perform from outperform.

Universal Health Services (UHS) fell 6.2% following last week’s reports that Senate Republicans are mulling a reduction in Medicare spending. Intuitive Surgical (ISRG) was down 5.6%, and HCA Healthcare (HCA) declined 2.9%.

ON Semiconductor (ON) shares jumped 4.4% after BofA Securities raised the price target on the company’s stock to $60 from $55.

Gold increased 0.2% to $3,354.60 per troy ounce, while silver was up 2.3% to $36.96 per troy ounce.

07:09 AM EDT, 06/09/2025 — Wall Street futures pointed largely sideways pre-bell Monday, as trade negotiators from Beijing and Washington meet in London.

In the futures, the S&P 500 rose 0.1%, the Nasdaq declined 0.1% and the Dow Jones was up 0.1%.

In the week ahead, the consumer price index (CPI) bulletin for May will be released on Wednesday, pre-bell.

Blue-chips releasing earnings later this week include Adobe (ADBE), Oracle (ORCL), Chewy (CHWY), JM Smucker (SJM), and GameStop (GME).

Asian exchanges traded mostly higher overnight on prospects for China-US trade talks, and tech-sector strength. European bourses inched lower midday on the continent.

Battery-powered air-taxi stocks gained pre-bell after President Trump signed an order promoting an electric “Vertical Takeoff and Landing” pilot program. Joby Aviation (JOBY) and Archer Aviation (ACHR), makers of air-taxis, both gained around 9% before the market open.

On the economic calendar is the wholesale inventories bulletin for April, at 10 am ET.

In pre-market action, bitcoin traded at $107,161, West Texas Intermediate crude oil traded higher at $64.86, and 10-year US Treasuries offered 4.48%. Spot gold traded for $3,317 an ounce.