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HomeMarket NewsUS Stock Market LIVE Updates: Stock market comeback pauses despite tame inflation data, China-US trade framework
US Stock Market LIVE Updates: US stocks are drifting near their record on Wednesday (June 11) after a report suggested President Donald Trump’s tariffs are not pushing inflation much higher, at least not yet. The S&P 500 was edging up by 0.1% in morning trading and is just 1.6% below its all-time high set in February. The Dow Jones Industrial Average was up 73 points, or 0.2%, as of 10 a.m. Eastern time, and the Nasdaq composite was 0.2% higher.
US Stock Market LIVE Updates: US stocks are drifting near their record on Wednesday (June 11) after a report suggested President Donald Trump’s tariffs are not pushing inflation much higher, at least not yet. The S&P 500 was edging up by 0.1% in morning trading and is just 1.6% below its all-time high set in February. The Dow Jones Industrial Average was up 73 points, or 0.2%, as of 10 a.m. Eastern time, and the Nasdaq composite was 0.2% higher. The action was a bit stronger in the bond market, where Treasury yields eased after a report showed inflation ticked up by less last month than economists expected. U.S. consumers had to pay prices that were 2.4% higher overall in May than a year earlier. That was up from April’s 2.3% inflation rate, but it wasn’t as bad as the 2.5% that Wall Street was expecting.
Watch this space for all the live updates.
