Stock Market Today: S&P 500 Holds Above 6,000 at the Opening Bell as US-China Trade Talks Begin

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Major Indexes Show Mixed Performance at Market Open

The U.S. stock market displayed mixed performance at the opening bell on Monday, June 9, 2025, as investors closely monitored the start of crucial trade talks between the United States and China. The S&P 500 edged slightly higher by 0.04% to 6,002.87, maintaining its position above the psychologically important 6,000 level it reclaimed on Friday for the first time since February.

The Dow Jones Industrial Average slipped 0.23% to 42,662.42 at the market open, shedding about 100 points after last week’s strong performance. Meanwhile, the tech-heavy Nasdaq Composite showed more resilience, gaining 0.26% to 19,580.53, continuing its recent momentum as technology stocks remain in favor.

Friday’s better-than-expected jobs report, which showed U.S. payrolls climbing by 139,000 in May, continues to provide underlying support for the market today. The strong employment data has helped ease recession fears and bolstered investor confidence in the economy’s resilience.

US-China Trade Talks Take Center Stage

Market participants are closely watching today’s high-stakes trade negotiations between U.S. and Chinese officials in London, which could significantly impact market sentiment in the coming days. President Donald Trump announced the talks on Friday, raising hopes for a potential resolution to ongoing trade tensions.

“The message of the market is still one that is largely pretty constructive here,” said Chris Verrone, chief market strategist at Strategas, noting that cyclicals continue to outperform defensives, suggesting the market believes the economy remains on solid footing despite recent concerns about tariffs.

Technology Stocks Lead the Way

Technology stocks, which have been driving the market’s recent rally, continued their upward trajectory at today’s market open. Nvidia (NVDA) shares rose 1.50% to $143.85, extending its impressive run as the AI chip giant maintains its dominant position in the artificial intelligence space.

Apple (AAPL) gained 0.44% as investors anticipate major announcements at the company’s 2025 Worldwide Developers Conference (WWDC), which kicks off today. CEO Tim Cook is scheduled to deliver a keynote speech this afternoon, with expectations high for updates to the company’s Apple Intelligence AI platform.

Other tech heavyweights showing strength at the market open include Alphabet (GOOG), Meta Platforms (META), and Broadcom (AVGO), all contributing to the Nasdaq’s positive performance.

Notable Stock Movers

Warner Bros. Discovery (WBD) emerged as one of the day’s biggest gainers, surging 10.74% to $10.88 after announcing plans to split into two publicly traded companies. The entertainment giant will separate its cable business from its streaming and studio units, a move that has clearly resonated with investors.

Tesla (TSLA) shares dipped 0.88% to $292.55, continuing their volatile performance following last week’s public feud between CEO Elon Musk and President Donald Trump. The president has stated that his relationship with Musk is now over, adding another layer of uncertainty for the electric vehicle maker.

Among other notable movers at the market open, AST SpaceMobile (ASTS) jumped 13.61%, Rocket Lab (RKLB) gained 11.24%, and Newegg Commerce (NEGG) surged 19.12%. On the downside, Universal Health Services (UHS) fell 10.06%, while Intuitive Surgical (ISRG) dropped 8.28%.

Looking Ahead: Key Events This Week

This week brings several potential market-moving events that investors will be monitoring closely. Beyond today’s U.S.-China trade talks, market participants await key inflation data later in the week, including consumer and producer price reports that could influence Federal Reserve policy decisions.

Apple’s WWDC will remain in focus throughout the week, with the tech giant’s stock performance potentially having a significant impact on broader market sentiment given its massive market capitalization.

As the S&P 500 trades near record territory, investors will be watching key technical levels, with overhead resistance around 6,100 and 6,575, while support levels near 5,770 and 5,650 could provide a floor in case of any market pullback.

With corporate earnings generally strong and economic indicators showing resilience, the stock market today reflects cautious optimism at the opening bell, balanced with careful attention to developing trade negotiations and upcoming economic data.

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.