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Wall Street Drifts as Financial Markets Worldwide Hold Relatively Steady

  • On June 3, 2025, U.S. Stocks drifted with the S&P 500 nearly unchanged while global markets held steady amid ongoing tariff uncertainties.
  • This market movement followed a sharp two-month rise in Treasury yields, driven partly by concerns over U.S. Government debt growth linked to tax cuts.
  • Investors awaited updates on President Trump's trade policies, with hopes for deals to reduce tariffs, especially with the world's second-largest economy, fueling cautious optimism.
  • Dollar General’s 14% stock jump reflected stronger-than-expected earnings and raised forecasts amid widespread corporate uncertainty caused by tariff effects, while the OECD projected 1.6% U.S. Economic growth.
  • The combination of moderate economic impacts from tariffs, a solid labor market, and ongoing trade talks suggests cautious market stability despite prevailing uncertainties.
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56 Articles

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Ottumwa CourierOttumwa Courier
+19 Reposted by 19 other sources
Center

Wall Street drifts as financial markets worldwide hold relatively steady

U.S. stocks are drifting, and financial markets worldwide are holding relatively steady as the wait continues for more updates on President Donald Trump’s tariffs and how much they’re affecting the economy. The S&P 500 was virtually unchanged in early Tuesday…

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Bias Distribution

  • 77% of the sources are Center
77% Center
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The Globe & Mail broke the news in Canada on Tuesday, June 3, 2025.
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