{"id":169803,"date":"2025-06-09T08:37:11","date_gmt":"2025-06-09T08:37:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/169803\/"},"modified":"2025-06-09T08:37:11","modified_gmt":"2025-06-09T08:37:11","slug":"stocks-muted-as-london-hosts-us-china-trade-talks","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/169803\/","title":{"rendered":"Stocks muted as London hosts US-China trade talks"},"content":{"rendered":"\n<p class=\"yf-1090901\">Stocks in Asia rose overnight ahead of the second round of trade talks between Washington and Beijing, due in London later today.<\/p>\n<p class=\"yf-1090901\">The Nikkei (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/uk.finance.yahoo.com\/quote\/%5EN225?p=%5EN225\" data-ylk=\"slk:^N225;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" target=\"_blank\" rel=\"noopener\">^N225<\/a>) rose 0.9% on the day in Tokyo, as the Japanese economy contracted by 0.2% in the first quarter, while the Hang Seng (<a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/uk.finance.yahoo.com\/quote\/%5EHSI?p=%5EHSI\" data-ylk=\"slk:^HSI;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" target=\"_blank\" rel=\"noopener\">^HSI<\/a>) climbed 1.4% in Hong Kong.<\/p>\n<p class=\"yf-1090901\">The Shanghai Composite (<a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/uk.finance.yahoo.com\/quote\/000001.SS?p=000001.SS\" data-ylk=\"slk:000001.SS;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" target=\"_blank\" rel=\"noopener\">000001.SS<\/a>) was 0.4% up by the end of the session despite the government reporting that exports slowed in May.<\/p>\n<p class=\"yf-1090901\">They grew 4.8% from a year earlier after a jump of more than 8% in April. Exports to the US fell almost 10% compared to the previous year.<\/p>\n<p class=\"yf-1090901\">China also reported a 0.1% year-on-year fall in consumer prices in May, marking the fourth consecutive month of deflation.<\/p>\n<p class=\"yf-1090901\">In South Korea, the Kospi (<a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/%5EKS11\" data-ylk=\"slk:^KS11;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" target=\"_blank\" rel=\"noopener\">^KS11<\/a>) added 1.6% on the day, while Australia\u2019s market was closed for a public holiday.<\/p>\n<p class=\"yf-1090901\">On Friday, stocks gained ground on Wall Street following a better-than-expected report on the US job market. The gains were broad, with every sector in the S&amp;P 500 (<a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/uk.finance.yahoo.com\/quote\/%5EGSPC\/\" data-ylk=\"slk:^GSPC;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" target=\"_blank\" rel=\"noopener\">^GSPC<\/a>) rising.<\/p>\n<p class=\"yf-1090901\">This solidified a second consecutive winning week for the benchmark index, which has rallied back from a slump two months ago, within striking distance of its record high.<\/p>\n<p class=\"yf-1090901\">The S&amp;P 500 rose 1% to 6,000.36, the Dow Jones (<a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/uk.finance.yahoo.com\/quote\/%5EDJI?p=%5EDJI&amp;.tsrc=fin-srch\" data-ylk=\"slk:^DJI;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" target=\"_blank\" rel=\"noopener\">^DJI<\/a>) gained 1% to 42,762.87, while the Nasdaq (<a data-i13n=\"cpos:7;pos:1\" href=\"https:\/\/uk.finance.yahoo.com\/quote\/%5EIXIC?p=%5EIXIC&amp;.tsrc=fin-srch\" data-ylk=\"slk:^IXIC;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" target=\"_blank\" rel=\"noopener\">^IXIC<\/a>) gained 1.2% to 19,529.95.<\/p>\n<p> SNP &#8211; Delayed Quote \u2022 USD      <\/p>\n<p> At close: 6 June at 17:00:02 GMT-4    <\/p>\n","protected":false},"excerpt":{"rendered":"Stocks in Asia rose overnight ahead of the second round of trade talks between Washington and Beijing, due&hellip;\n","protected":false},"author":2,"featured_media":169804,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[748,70824,393,28709,1880,4884,14009,39103,257,1144,712,7686,24533,1219,16,15,1764],"class_list":{"0":"post-169803","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uk","8":"category-united-kingdom","9":"tag-britain","10":"tag-chinese-officials","11":"tag-england","12":"tag-free-trade","13":"tag-ftse-100","14":"tag-great-britain","15":"tag-howard-lutnick","16":"tag-jamieson-greer","17":"tag-london","18":"tag-northern-ireland","19":"tag-scotland","20":"tag-scott-bessent","21":"tag-trade-talks","22":"tag-trade-war","23":"tag-uk","24":"tag-united-kingdom","25":"tag-wales"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114652502282056092","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/169803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=169803"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/169803\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/169804"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=169803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=169803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=169803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}