Stock futures slip as investors await details on U.S.-China trade policy: Live updates

2 weeks ago 15

Traders enactment astatine the New York Stock Exchange connected June 4, 2025.

NYSE

Stock futures slipped aboriginal Tuesday arsenic investors waited for much penetration connected commercialized discussions betwixt the U.S. and China.

Dow Jones Industrial Average futures fell 54 points, oregon 0.13%. S&P 500 futures and Nasdaq 100 futures were marginally lower.

Those moves travel a muted time connected Wall Street arsenic investors kept an oculus connected a time of commercialized talks betwixt officials from the 2 countries. The treatment is slated to resume connected Tuesday morning, a root acquainted with the concern told CNBC.

The S&P 500 added astir 0.1% successful the regular trading session, eking retired its 2nd straight winning day. The Dow ended marginally beneath its flatline, portion the Nasdaq Composite ticked higher by astir 0.3%.

Traders are monitoring the U.S.-China discussions for signs of a woody that doesn't impact the countries enforcing lofty tariffs connected 1 another. Both nations agreed past period to temporarily slash their duties, which was seen arsenic a large breakthrough successful commercialized negotiations aft U.S. President Donald Trump unveiled his program for wide and steep levies connected imports.

"I deliberation astir radical are assuming that immoderate speech is amended than nothing, that we're making progress," said Adam Parker, laminitis of Trivariate Research, connected CNBC's "Closing Bell." Because of that, "people aren't … wanting to merchantability stocks."

Investors volition ticker Tuesday for tiny concern information owed successful the morning. That comes up of intimately watched reports connected user and shaper ostentation slated for aboriginal successful the week.

Companies slated to study quarterly results Tuesday see J. M. Smucker Co. and GameStop.

European defence stocks merchantability disconnected up of much U.S.-China commercialized talks

A Ukrainian vessel unit of the 33rd Separate Mechanized Brigade load vessel ammunition onto a Leopard 2A4 vessel during a tract grooming workout astatine an undisclosed determination successful Ukraine, connected April 30, 2025. Germany's Renk makes gearboxes for Leopard 2 tanks which person been sent to the country.

Genya Savilov | Afp | Getty Images

European defence stocks notched wide declines connected Tuesday morning, with the determination Stoxx Aerospace and Defense scale extending losses to commercialized 0.5% lower.

That puts the scale — which has gained astir 50% truthful acold this twelvemonth — connected people for its 3rd consecutive time of losses.

Investors are monitoring U.S.-China commercialized talks, which are acceptable to proceed successful London connected Tuesday. At the halfway of the discussions are captious minerals, upon which China imposed export restrictions successful April successful effect to U.S. tariffs connected Chinese exports.

Rare world minerals are critical for the accumulation of weaponry and defence technologies.

German defence elephantine Rheinmetall was past seen trading 2.3% lower, portion Germany's Renk and Sweden's Saab were down 7.9% and 4.1%, respectively.

— Chloe Taylor

Fund managers lobby Congress implicit Section 899 to avert overseas investors leaving the U.S.

American money managers are lobbying Congress implicit a proviso tucked wrong President Donald Trump's taxation measure that they accidental could pb to overseas investors "quickly" pulling investments retired of the U.S.

The "One Big Beautiful Bill Act," which passed done the U.S. House of Representatives successful May, aims to penalize foreign-owned firms operating successful the U.S. and that are from countries with "unfair overseas taxes" nether a proviso known arsenic Section 899. It is presently being considered by the Senate.

The Investment Company Institute (ICI), which represents money houses successful the U.S., is lobbying Congress for an amendment arsenic it warns the measure successful its existent signifier besides impacts astir overseas investments successful U.S. banal markets, according to documents seen by CNBC.

Read the afloat communicative here.

— Ganesh Rao

Asia-Pacific markets commercialized mixed arsenic investors await details of U.S.-China commercialized talks

Asia-Pacific markets traded mixed Tuesday arsenic investors awaited further details connected the U.S.-China commercialized talks, which were slated to proceed for a 2nd day.

Officials from some countries held trade talks successful London connected Monday, with U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer gathering with their Chinese counterparts led by Beijing's Vice Premier He Lifeng.

Japan's benchmark Nikkei 225 pared earlier gains to extremity the time 0.32% higher at 38.211.51, portion the broader Topix scale was level astatine 2,786.24.

South Korean markets roseate for the 5th consecutive session. The Kospi index precocious 0.56% to extremity the time astatine 2,871.85, portion the small-cap Kosdaq added 0.91% to 771.20.

Mainland China's CSI 300 index closed 0.51% little astatine 3,865.47 portion Hong Kong's Hang Seng Index was level astatine 24,162.87.

Over successful Australia, the S&P/ASX 200 benchmark precocious 0.84% to extremity the time astatine a record high of 8,587.20.

Meanwhile, India's benchmark Nifty 50 moved up 0.15% portion the BSE Sensex scale was level arsenic of 1.40 p.m. Indian Standard Time.

— Amala Balakrishner

Vaccine makers gaffe arsenic RFK retires vaccine advisory committee members

Some vaccine stocks took a limb down successful Monday's extended trading aft Health and Human Services Secretary Robert F. Kennedy Jr. said he was "retiring" all members of a vaccine advisory panel.

Kennedy said Monday successful a Wall Street Journal sentiment portion that helium would region each 17 members of the Advisory Committee connected Immunization Practices, besides known arsenic the ACIP. This radical advises the Centers for Disease Control and Prevention.

AstraZeneca mislaid astir 1%, portion Moderna slid 0.9%. Pfizer and Merck shed 0.3% and 0.2%, respectively.

— Alex Harring, Annika Kim Constantino

See the stocks moving aft hours

These are immoderate of the stocks making notable moves aft hours:

Cracker Barrel Old Country Store — Shares of the concatenation edifice slipped 8.1%. The institution announced a proposed backstage offering of $275 cardinal successful convertible elder notes that would beryllium owed successful 2030.
Limoneira — The agriculture banal tumbled 8.5% aft posting results for the fiscal 2nd quarter that were worse than the year-ago period. Limoneira mislaid 17 cents per stock connected an adjusted ground and saw $35.1 cardinal successful revenue. That compares to adjusted net of 44 cents per stock and $44.6 cardinal successful gross successful the 2nd 4th of the erstwhile fiscal year.