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LIVE MARKETS-US stocks edge lower with eyes on trade talks

ReutersMay 9, 2025 2:50 PM
  • Main US indexes modestly red
  • Comm Svcs weakest S&P 500 sector; Energy leads gainers
  • Euro STOXX 600 index up ~0.4%
  • Dollar down; bitcoin up; gold, crude both rise ~1%
  • US 10-Year Treasury yield edges down to ~4.35%

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U.S. STOCKS EDGE LOWER WITH EYES ON TRADE TALKS

The three major U.S. stock indexes are modestly lower in late morning Friday as investors assess comments about trade between the U.S. and China.

S&P 500 communication services .SPLRCL is leading losses among sectors, while energy .SPNY is leading gains.

Earlier, President Donald Trump said Beijing should open its market to the United States and that 80% tariffs on Chinese goods "seems right." The levies are currently at 145%.

Here is the market snapshot:

(Caroline Valetkevitch)

FRIDAY'S EARLIER LIVE MARKETS POSTS:

NASDAQ COMPOSITE IN A HIGH-HURDLE FACE-OFF CLICK HERE

THE BRIGHT SPOTS IN UK DOMESTIC STOCKS CLICK HERE

EASING IN EUROPE EASIER THAN US CLICK HERE

DAX HITS NEW RECORD ON TARIFF OPTIMISM CLICK HERE

EUROPE BEFORE THE BELL: SENTIMENT HELPED BY US-UK TRADE DEAL CLICK HERE

US-CHINA TALKS STIR HOPE, AND SCEPTICISM CLICK HERE

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