View Live Stock Market TodayMajor Indexes Poised for Mixed Open as Markets Digest Trade Talks
U.S. stock futures are showing mixed signals early Wednesday, June 11, 2025, as investors await key inflation data and digest recent progress in U.S.-China trade negotiations. Futures tied to the S&P 500 and Dow Jones Industrial Average are both down approximately 0.2%, while Nasdaq 100 futures are showing a slight decline of 0.1%.
The S&P 500 currently stands at 6,032.37 points, down 0.11% from the previous session but up 3.22% over the past month and 11.28% year-over-year. The index remains below its all-time high of 6,152.87 reached in February 2025.
US-China Trade Framework Agreement Boosts Market Sentiment
Market sentiment received a boost after U.S. and Chinese officials announced they had reached a framework agreement to ease trade tensions following two days of talks in London. “We have reached a framework to implement the Geneva consensus,” U.S. Commerce Secretary Howard Lutnick stated, indicating the deal should resolve issues between the two countries regarding rare earths and magnets.
The positive developments come after relations between the world’s two largest economies deteriorated following an initial temporary trade agreement reached in Geneva last month. Both sides had accused each other of violating the deal, raising concerns about potential escalation of trade tensions. The latest plan will now be presented to the respective leaders for approval.
Adding to the positive trade news, a U.S. appeals court ruled Tuesday evening that Trump’s tariffs can remain in effect while legal proceedings continue, providing some clarity for businesses and investors navigating the uncertain trade landscape.
Inflation Data and Fed Meeting in Focus
Investors are closely watching today’s release of the May Consumer Price Index (CPI), scheduled for 8:30 a.m. ET. Analysts expect to see a slight increase in inflation following Trump’s introduction of higher tariff rates. The data takes on added significance with the Federal Reserve’s next policy meeting scheduled for next week, as investors will be monitoring for any signs that tariff-related costs are being passed on to consumers.
The Fed’s current funds rate stands at 4.50%, unchanged from the previous month, as policymakers continue to balance inflation concerns with economic growth objectives.
Earnings Watch: Retail and Consumer Companies in Focus
Several companies are reporting earnings before the market opens today, potentially influencing sector-specific movements.
Chewy (CHWY) is expected to report earnings per share of $0.16 for the quarter ending April 30, representing a 6.67% increase compared to the same quarter last year. The online pet retailer missed consensus earnings expectations in the fourth calendar quarter of 2024.
Victoria’s Secret & Co. (VSCO) is projected to report earnings of $0.09 per share, a 25% decrease from the same period last year. The retailer has consistently beaten expectations in recent quarters.
J. Jill, Inc. (JILL) is anticipated to report $0.88 per share, down 27.87% year-over-year, while Vera Bradley (VRA) is expected to post a loss of $0.13 per share, which would represent a 38.10% improvement from the previous year.
Tech and Energy Stocks to Watch
In the technology sector, Nvidia (NVDA) continues to show strength, with shares at $143.85, up 0.78% in the previous session and 19.07% year-over-year. The chipmaker maintains its position as the largest company by market capitalization at $3.46 trillion.
Other tech giants showing mixed performance include Microsoft (MSFT) at $470.80 (down 0.39% in the previous session), Apple (AAPL) at $202.57 (up 0.43%), and Amazon (AMZN) at $217.55 (up 0.11%).
In the energy sector, APA Corporation (APA) gained 3.60% in the previous session, though it remains down 34.95% year-over-year. Enphase Energy (ENPH) showed strong performance with a 4.16% gain, though the renewable energy company is still down 65.97% from a year ago.
Market Outlook and Economic Indicators
As market news today continues to develop, analysts are closely monitoring several economic indicators beyond inflation. The U.S. unemployment rate currently stands at 4.20%, unchanged from the previous month, indicating relative stability in the labor market.
Trading Economics models suggest the S&P 500 may trade at approximately 5,949.95 points by the end of this quarter, with a longer-term projection of 5,801.14 in 12 months, indicating potential market consolidation ahead.
As the stock market live session begins today, investors will be balancing positive developments in trade relations against concerns about inflation and potential Fed policy adjustments, all while digesting the latest corporate earnings reports in what continues to be a dynamic market environment.