https://www.howestreet.com/2025/06/markets-react-to-trump-vs-musk-feud-mark-leibovit/

U.S. Stocks Close Mostly Lower Following Another Choppy Trading Day

Following the volatility seen in the previous session, stocks continued to fluctuate over the course of the trading day on Thursday. The major averages once again spent the day bouncing back and forth across the unchanged line before eventually closing in negative territory.

While the tech-heavy Nasdaq slid 162.04 points or 0.8 percent to 19,298.45, the S&P 500 fell 31.51 points or 0.5 percent to 5,939.30 and the Dow dipped 108.00 points or 0.3 percent to 42,319.72.

Stocks saw some strength earlier in the day after President Donald Trump confirmed in a post on Truth Social that he had an approximately 90-minute phone call with Chinese President Xi Jinping.

Trump described the phone call with his Chinese counterpart as “very good” and said it “resulted in a very positive conclusion for both Countries.”

The president also said the two countries’ teams will be “meeting shortly at a location to be determined” and noted the conversation was focused “almost entirely” on trade.

The phone call between Trump and Xi comes following recent signs of rising tensions between the U.S. and […]

https://www.howestreet.com/2025/05/bitcoin-still-has-room-to-grow-mark-leibovit/

NEXT PODCAST THURSDAY EVENING OR FRIDAY

U.S. Stocks Finish Choppy Trading Day Narrowly Mixed

After moving mostly higher over the two previous sessions, stocks fluctuated over the course of the trading day on Wednesday. The major averages bounced back and forth across the unchanged line before eventually closing narrowly mixed.

While the Dow dipped 91.90 points or 0.2 percent to 42,427.74, the S&P 500 inched up 0.44 points or less than a tenth of a percent to 5,970.81 and the Nasdaq rose 61.53 points or 0.3 percent to 19,460.49.

Despite the choppy trading, the Nasdaq and the S&P 500 once again reached their best closing levels in well over three months.

The lackluster performance on Wall Street came following the release of some weaker than expected U.S. economic data.

While the data raised concerns about the strength of the economy, it also generated some optimism about the outlook for interest rates.

Before the start of trading, payroll processor ADP released a report showing much weaker than expected private sector job growth in the month of May.

ADP said […]