S&P 500 ends slightly up; traders watch US-China trade talks

S&P 500 ends slightly up; traders watch US-China trade talks

By Noel Randewich and Kanchana Chakravarty

Mon June 9, 2025 4:20 PM

The Dow swung back and forth in a range from -200 to +130 only to plummet in the last ten minutes to zero. The S&P started at zero, then sprung up after noon to a +21 before dropping back to near zero in the final hour. The Nasdaq had a good day zooming over 100 right away and staying there all day until falling back to +61 in the final hour. So the day was pretty much a wash but with tech benefitting from the trade talks with China that kicked off today and which the market has already decided will be successful until proven otherwise.

The market has also already decided there will be more trade deals with more countries until proven otherwise. The Nasdaq now sits just 3% below its record high from December. Major news due this week are CPI on Wednesday and jobless claims on Thursday. At 17.1 billion, volume remains modestly below the average of 17.8 billion. 

DJ: 42,762.87  +443.13      NAS: 19,529.95  +231.50      S&P: 6,000.36  +61.06        6/6

DJ: 42,761.76  -1.14           NAS: 19,591.24  +61.24        S&P: 6,005.88  +5.52          6/9

Mon 6-9-25 4:20 pm S&P 500 ends slightly up; traders watch US-China trade talks | Reuters