Stock Market Today: Indexes Rise at Market Open as Inflation Data Calms Tariff Concerns

Major Indexes Gain After Cooler-Than-Expected Inflation Report

The U.S. stock market opened higher on Wednesday, June 11, 2025, as investors welcomed a cooler-than-expected inflation report that eased concerns about President Trump’s tariffs potentially worsening price pressures. At the market open, all three major indexes were trading in positive territory, continuing their upward momentum from Tuesday’s session.

The S&P 500 rose 0.38% to 6,061.75, pushing the benchmark index closer to its all-time high, now less than 2% away from that milestone. The Dow Jones Industrial Average gained 0.25%, adding 107 points to reach 42,973.87, while the tech-heavy Nasdaq Composite advanced 0.48% to 19,809.74, boosted by strong performance from technology companies.

“The stock market today is responding positively to the inflation data, which gives the Federal Reserve more flexibility in its monetary policy decisions,” said market strategist Michael Reynolds at Glenmede Trust.

Inflation Data Provides Relief to Markets

The Labor Department’s Consumer Price Index (CPI) report showed prices rose just 0.1% in May on a monthly basis, below the 0.2% increase economists had forecast. The annual inflation rate stood at 2.4%, also below expectations of 2.5%.

Core inflation, which excludes volatile food and energy components, increased 0.1% month-over-month against projections of 0.3%, while the annual core rate came in at 2.8%, below the anticipated 2.9%.

This favorable inflation reading comes at a critical time as markets today have been closely monitoring price pressures amid concerns about the impact of recent trade tensions between the U.S. and China.

U.S.-China Trade Relations Show Signs of Improvement

Adding to the positive sentiment at the opening bell, representatives from the U.S. and China announced they had reached a framework agreement on trade following two days of negotiations in London. U.S. Commerce Secretary Howard Lutnick told reporters that the two sides “have reached a framework to implement the Geneva consensus and the call between the two presidents.”

The agreement, which is subject to final approval by Presidents Trump and Xi Jinping, appears to stabilize the relationship after both countries had accused each other of violating previous agreements made in Switzerland last month.

Notable Stock Movements

In today’s market news, several stocks are making significant moves:

Chewy (CHWY) plunged nearly 12% after reporting disappointing quarterly results before the market opened. The online pet retailer missed earnings expectations despite posting a 6.67% increase compared to the same quarter last year.

Quantum Computing Inc. (QUBT) surged over 21% at the market open on news of a breakthrough in quantum technology applications.

Intel Corporation (INTC) dropped more than 5% following reports of production delays for its next-generation chips.

NuScale Power Corporation (SMR) jumped nearly 11% after securing new contracts for its small modular reactor technology.

Tesla (TSLA) edged up 0.89% after CEO Elon Musk announced a launch date for the company’s robotaxi service.

Nvidia (NVDA) remained relatively flat, dipping 0.15% despite the broader tech sector’s gains.

Upcoming Market Events

Investors in the stock market live are looking ahead to several key events that could impact trading in the coming days:

Oracle Corporation (ORCL) is scheduled to report earnings after the market close today, with analysts expecting solid growth in its cloud services division.

The Producer Price Index (PPI) report will be released tomorrow, providing additional insights into inflation trends.

Two Treasury auctions this week will test the bond market’s stability amid changing interest rate expectations.

The Federal Budget Balance report is expected later today, with forecasts pointing to a deficit of $314.3 billion.

Economic Outlook

The World Bank recently adjusted its growth projections for major economies, including cutting India’s growth forecast for FY26 to 6.3%, down 40 basis points from its January estimate.

Meanwhile, General Motors (GM) announced plans to invest $4 billion in three U.S. plants where it intends to relocate some of its Mexican-produced vehicles, potentially boosting domestic manufacturing.

As market news today continues to develop, traders will be closely monitoring further developments in U.S.-China trade relations and upcoming economic data releases for clues about the market’s direction in the coming weeks.