Real-Time Stock Market UpdatesMajor Indexes Climb as Inflation Concerns Ease
The major U.S. stock indexes advanced on Wednesday, June 11, 2025, as investors welcomed softer-than-expected inflation data and progress in U.S.-China trade relations. In the midday market update, the Dow Jones Industrial Average gained 176.48 points, or 0.41%, to 43,043.35, while the S&P 500 added 18.96 points, or 0.31%, reaching 6,057.77. The tech-heavy Nasdaq Composite rose 81.52 points, or 0.41%, to 19,796.51.
The S&P 500 has now risen in six of the last seven trading days and is less than 2% below its all-time high reached in February. This marks a significant recovery for the benchmark index, which at one point was about 20% below its record.
“Inflation in May was lower than anticipated, suggesting the tariffs aren’t having a large immediate impact because companies have been using existing inventories or slowly adjusting prices due to uncertain demand,” said Alexandra Wilson-Elizondo, global co-CIO of multi-asset solutions at Goldman Sachs Asset Management.
US-China Trade Agreement Boosts Market Sentiment
A key driver of today’s market optimism is the progress in trade relations between the United States and China. U.S. and Chinese officials reached a consensus after a round of talks in London. As part of the framework, China would approve the exports of rare earth minerals while the U.S. would roll back restrictions on the sale of advanced technology to China.
U.S. Commerce Secretary Howard Lutnick announced that a framework had been reached that would allow for the implementation of an agreement in which both countries slashed the massive tariffs they had imposed on one another. Lutnick noted that the framework still requires approval from President Donald Trump and China’s Xi Jinping.
Quantum Computing Stocks Surge on Nvidia CEO’s Comments
One of the day’s biggest stories in the stock market today is the surge in quantum computing stocks following bullish comments from Nvidia (NVDA) CEO Jensen Huang at the chipmaker’s GTC Paris developer conference.
“Quantum computing is reaching an inflection point,” Huang told the audience, adding that “we are within reach” of using quantum computers for “areas that can solve some interesting problems in the coming years.” These comments were perceived as more optimistic compared to his January statement that “very useful quantum computers” were likely two decades away.
Quantum Computing (QUBT) shares skyrocketed more than 26%, while Rigetti Computing (RGTI) jumped over 10%, and IonQ (IONQ) climbed 7%. The rally was further fueled by IBM’s (IBM) announcement that it is building the world’s first large-scale quantum computer capable of operating without errors, set to launch by 2029.
Major Movers and Corporate News
Tesla (TSLA) shares rose more than 1.7%, on track for their fourth straight winning day, after CEO Elon Musk said he regrets some of the social media posts he made regarding President Trump.
Meta Platforms (META) is making headlines with reports that it’s finalizing a deal to invest $14 billion in artificial intelligence startup Scale AI and will pursue its CEO Alexandr Wang to join META. Mark Zuckerberg is reportedly willing to utilize Wang’s reputation to successfully build business based on AI’s technical complexities.
In other tech news, OpenAI entered a deal with Google Cloud of Alphabet (GOOGL) to meet its growing needs for computing capacity. The deal between two AI ecosystem competitors has surprised many financial experts.
Among the day’s biggest losers, Chewy (CHWY) dropped nearly 10% despite reporting better-than-expected first-quarter earnings. The pet supplies retailer reported sales of $3.12 billion, up 8.3% year over year, and adjusted earnings of 35 cents per share, beating analyst expectations.
Upcoming Earnings and Market Events
Investors are closely watching several key earnings reports scheduled for release today. Oracle (ORCL) is set to report its Q4 2025 earnings after market close, with a market cap of nearly $497 billion making it one of the day’s most significant reports.
Other notable companies reporting earnings today include RH (formerly Restoration Hardware), Freedom Holding Corp (FRHC), and Oxford Industries (OXM), all after market close.
Looking ahead, Adobe (ADBE) is scheduled to report earnings tomorrow after market close, while Accenture (ACN) will report before market open on June 19.
Market Outlook
As we move through the midday market update, analysts are watching to see if the S&P 500 can continue its momentum toward a new all-time high. The combination of easing inflation concerns and progress on trade relations has created a positive environment for stocks.
“As we wait for the 90-day tariff pause to pass, the market news today shows the market will be caught between inflation and job prints. If inflation stays under control or the job market weakens, the Federal Reserve will likely consider cutting interest rates down the road,” noted Wilson-Elizondo from Goldman Sachs Asset Management.
Oil sector stocks continued gaining ground as the price of crude oil climbed. West Texas Intermediate futures, the U.S. crude oil benchmark, were up 1.7% to $66.05 per barrel, trading at their highest level since early April.
With the fear-gauge CBOE Volatility Index (VIX) down 3.18% to 16.41, investor sentiment appears cautiously optimistic as markets today digest the latest economic data and corporate developments in what has been a volatile but ultimately positive first half of 2025.