Full Market Coverage HereMarket Indexes Poised for Mixed Open as Investors Await Inflation Data
U.S. stock futures are pointing to a mixed open on Wednesday, June 11, 2025, as investors digest the latest developments in U.S.-China trade negotiations and brace for the release of May’s consumer inflation report. Futures on the S&P 500 and Dow Jones Industrial Average both fell about 0.2% in premarket trading, while Nasdaq 100 futures edged down 0.1%.
This follows Tuesday’s positive session where all three major market indexes closed higher. The Dow Jones Industrial Average advanced 0.3% or 105.11 points to close at 42,866.87, with 21 of its 30 components finishing in positive territory. The tech-heavy Nasdaq Composite rose 0.6% or 123.75 points to 19,714.99, while the S&P 500 increased 0.6% to finish at 6,038.81.
Wall Street’s most closely watched benchmark, the S&P 500, is currently less than 2% away from its all-time high, reflecting growing investor optimism despite ongoing trade tensions.
US-China Trade Talks Show Promising Signs
Market sentiment received a boost as teams from the U.S. and China reached an agreement on Tuesday for a framework and implementation plan to ease trade tensions between the world’s two largest economies.
“We have reached a framework to implement the Geneva consensus,” U.S. Commerce Secretary Howard Lutnick announced. The commerce secretary indicated that the deal should resolve issues between the two countries on rare earths and magnets. Representatives will now take the proposal to their respective leaders for approval.
The talks in London, which continued for a second day on Tuesday, have been described as “going well” by U.S. officials. This development comes after both nations agreed last month to temporarily slash their duties, which was seen as a major breakthrough in trade negotiations after U.S. President Donald Trump unveiled his plan for broad and steep levies on imports.
Inflation Data in Focus
Investors are closely watching for the May Consumer Price Index (CPI) report, set for release at 8:30 a.m. ET today. Analysts expect to see that inflation increased slightly in the month that followed Trump’s introduction of higher tariff rates.
With the Federal Reserve’s next policy meeting scheduled for next week, market participants will be particularly sensitive to any signs that costs associated with tariffs are being passed on to consumers.
Earnings Reports to Watch
Several companies are scheduled to report earnings before the market opens today, potentially influencing sector-specific movements:
– **Chewy, Inc. (CHWY)** is expected to report earnings of $0.16 per share for the quarter ending April 30, 2025, representing a 6.67% increase compared to the same quarter last year.
– **Victoria’s Secret & Co. (VSCO)** is forecast to report earnings of $0.09 per share, a 25% decrease from the same period last year.
– **J. Jill, Inc. (JILL)** analysts expect earnings of $0.88 per share, representing a 27.87% decrease compared to the same quarter last year.
– **Vera Bradley, Inc. (VRA)** is anticipated to report a loss of $0.13 per share, a 38.10% improvement compared to the same quarter last year.
Sector Performance and Notable Movers
In Tuesday’s session, 10 out of 11 broad sectors of the S&P 500 ended in positive territory. The Consumer Discretionary Select Sector (XLY), Communication Services Select Sector (XLC), Energy Select Sector (XLE), and Health Care Select Sector (XLV) were standout performers, climbing 1.2%, 1.3%, 1.8%, and 1.1%, respectively.
Among the most active stocks in recent trading, Nvidia Corporation (NVDA) declined 2.92%, while Palantir Technologies Inc. (PLTR) surged 7.73%. Tesla, Inc. (TSLA) fell 3.34%, and Ford Motor Company (F) gained 1.57%.
In the pharmaceutical sector, Regeneron Pharmaceuticals, Inc. (REGN) experienced a significant drop of 19.01%, making it one of the day’s biggest losers.
Global Markets
Asian markets traded mixed on Tuesday as investors awaited further details on the U.S.-China trade talks. Japan’s Nikkei 225 ended 0.32% higher at 38,211.51, while South Korea’s Kospi advanced 0.56% to 2,871.85. Mainland China’s CSI 300 index closed 0.51% lower at 3,865.47, and Hong Kong’s Hang Seng Index was flat at 24,162.87.
Australia’s S&P/ASX 200 benchmark advanced 0.84% to end the day at a record high of 8,587.20, while India’s Nifty 50 moved up 0.15%.
Market Outlook
As markets today digest the latest developments in trade negotiations and await crucial inflation data, volatility may increase. The CBOE Volatility Index (VIX), often referred to as the “fear gauge,” was down 1.2% to 16.95 in the previous session, indicating relatively moderate market anxiety.
With the S&P 500 approaching its all-time high and positive developments in U.S.-China trade relations, investor sentiment remains cautiously optimistic. However, the upcoming inflation report and next week’s Federal Reserve meeting could significantly influence market news today and in the coming sessions.
Traders will be watching closely for any signs that the framework agreement between the U.S. and China translates into concrete actions that could alleviate concerns about global trade disruptions and their potential impact on corporate earnings and economic growth.