View Live Stock Market TodayMajor Indexes Edge Higher After Softer-Than-Expected Inflation Report
The stock market today showed modest gains during Wednesday’s midday market update as investors digested a softer-than-expected inflation report and welcomed progress in US-China trade relations. As of midday on June 11, 2025, the Dow Jones Industrial Average advanced approximately 176 points, or 0.41%, to 43,043.35, while the S&P 500 gained 0.31% to 6,057.77. The tech-heavy Nasdaq Composite climbed 0.41% to 19,796.51.
The Consumer Price Index (CPI) rose just 0.1% in May from April, below economists’ expectations of 0.2%. The annual inflation rate edged up slightly to 2.4% from 2.3% in April, matching economists’ forecasts. Core CPI, which excludes volatile food and energy prices, also increased by 0.1%, coming in softer than anticipated on both monthly and annual measures.
“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 Relations Show Signs of Improvement
Market sentiment received a boost after American and Chinese negotiators announced they had agreed on a framework to resume trade talks, essentially restoring last month’s agreement in which both countries lowered tariffs. Under the new framework, China would approve exports of rare earth minerals while the US would roll back restrictions on the sale of advanced technology to China.
Commerce Secretary Howard Lutnick indicated that President Trump is expected to approve the framework agreement as early as today or tomorrow. This development has eased concerns about the potential global economic impact of an escalating trade war between the world’s two largest economies.
Notable Stock Movements and Corporate News
Several major stocks are making significant moves in today’s markets today:
Tesla (TSLA) shares rose approximately 1.75% to $331.79 as CEO Elon Musk expressed regret about his public disagreement with President Trump ahead of the company’s robotaxi launch in Austin, Texas, scheduled for June 22.
Nvidia (NVDA) edged up 0.23% to $144.29, approaching its record high of $149.43 reached in January 2025. CEO Jensen Huang is delivering the keynote address at the 2025 VivaTech conference in Paris, where he’s discussing the future of AI and the company’s partnerships with European telecommunications companies.
Quantum computing stocks surged dramatically after Huang’s comments suggesting the industry is nearing an inflection point. Quantum Computing Inc. (QUBT) jumped 29.21% to $19.55, while Rigetti Computing (RGTI) soared 16.94% to $13.14.
Intel (INTC) was among the day’s losers, falling 4.21% to $21.18, though specific reasons for the decline weren’t immediately clear.
Other notable decliners included Chewy (CHWY), which dropped 11.14% to $40.70, and Lockheed Martin (LMT), which fell 5.95% to $448.52.
Upcoming Market Events to Watch
Investors should keep an eye on several key economic events in the coming days that could impact market news today and beyond:
The Federal Reserve’s next policy meeting is scheduled for June 17-18, which will be accompanied by a Summary of Economic Projections. This meeting will be closely watched for signals about potential interest rate cuts later this year, especially in light of today’s softer inflation data.
Tomorrow, June 12, will see the release of the Producer Price Index (PPI), which is expected to provide further insights into inflation trends. The preliminary University of Michigan Consumer Sentiment report for June will be released on Friday, June 13.
Market Outlook
The S&P 500 has risen in six of the last seven trading days and is now less than 2% below its record high reached in February. This represents a significant recovery from earlier this year when the benchmark index was down as much as 20% from its peak.
“As we wait for the 90-day tariff pause to pass, 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,” Wilson-Elizondo added.
Bitcoin prices have also shown strength, rising above $110,000 and approaching the record intraday high of slightly over $111,986 reached in May.
As the stock market live session continues, traders will be closely monitoring any further developments in US-China trade relations and positioning themselves ahead of tomorrow’s PPI data and next week’s Federal Reserve meeting.