Stock Market Today: Mixed Performance as Dow Gains While Tech Stocks Waver

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Major Indexes Show Mixed Results Amid Trade Developments and Inflation Data

The stock market showed mixed performance on Wednesday, June 11, 2025, as investors digested softer-than-expected inflation data and reacted to a preliminary trade agreement between the U.S. and China. The Dow Jones Industrial Average advanced 158 points, or 0.4%, closing at 43,052.03, continuing its positive momentum with a weekly increase of 1.47% and a monthly gain of 4.37%.

Meanwhile, the S&P 500 hovered near the flatline, edging up just 0.03% to 6,040.78, while the tech-heavy Nasdaq Composite dipped 0.15% to 19,685.83. Despite today’s slight decline, the Nasdaq has shown impressive monthly growth of 9.80%, reflecting continued investor confidence in technology stocks.

Inflation Data Provides Relief to Markets

Today’s market movements were significantly influenced by the release of May’s Consumer Price Index (CPI) data, which came in lower than expected. The CPI rose just 0.1% from April, below the 0.2% estimate from economists. Core CPI, which excludes volatile food and energy prices, also increased by only 0.1%.

“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.

U.S.-China Trade Agreement Boosts Market Sentiment

A key driver of today’s market news today was the announcement of a preliminary trade agreement between the U.S. and China. This development has eased tensions that had been weighing on market sentiment in recent weeks. Investors are closely monitoring the situation as discussions between officials from both countries continue to be a focal point for market participants.

Notable Stock Movements and Corporate News

Several major companies made headlines in today’s stock market live updates:

Tesla (TSLA) shares gained 1%, marking their fourth consecutive positive session. CEO Elon Musk announced that Tesla robotaxi rides in Austin, Texas, are “tentatively” scheduled to begin on June 22. Additionally, Musk expressed regret over some of his social media posts regarding former President Trump, helping to stabilize the stock after last week’s volatility.

Quantum computing stocks surged after Nvidia (NVDA) CEO Jensen Huang declared that “quantum computing is reaching an inflection point” during his keynote speech at Nvidia’s GTC Paris developer conference. Rigetti Computing and Quantum Computing shares jumped nearly 20% and 35% respectively, while IonQ added about 8%.

Among the top gainers on the Nasdaq were Starbucks (SBUX), up 4.21% to $95.33, and Broadcom Inc (AVGO), which climbed 3.97% to $254.02. Netflix (NFLX) also performed well, rising 1.33% to $1,218.85.

On the Dow Jones, Goldman Sachs (GS) led gains with a 2.24% increase to $628.90, followed by 3M (MMM) at 2.03% and UnitedHealth (UNH) at 1.87%.

Intel (INTC) was the biggest loser on both the Dow Jones and S&P 500, falling 6.02% to $20.77. Other notable decliners included Cisco Systems (CSCO) and Home Depot (HD), down 1.32% and 1.24% respectively.

Upcoming Market Events to Watch

Investors should keep an eye on several key economic releases scheduled for tomorrow, June 12. These include the Producer Price Index (PPI) for May, which will provide additional insights into inflation trends. The UK will also release important economic data, including GDP figures for April, goods trade balance, and industrial production statistics.

Market Outlook

As we approach mid-June, the markets today continue to show resilience despite ongoing concerns about inflation and trade policies. The S&P 500 is currently less than 2% away from its all-time high, indicating strong overall market health.

“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,” noted Wilson-Elizondo from Goldman Sachs.

With the CBOE Volatility Index (VIX) declining 0.69% to 16.26, investor anxiety appears to be moderating, setting the stage for potentially more stable market conditions in the coming days.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. We are not financial professionals. The authors and/or site operators may hold positions in the companies or assets mentioned. Always do your own research before making financial decisions.