Real-Time Stock Market UpdatesBased on the information I’ve gathered, I’ll now write the requested article about today’s stock market update.
Major Indexes Show Mixed Results as June Trading Begins
The U.S. stock market displayed mixed performance on Monday, June 2, 2025, as investors navigated renewed trade tensions and fresh economic data. The Dow Jones Industrial Average edged up 54.34 points (0.13%) to 42,270.07, while the S&P 500 remained nearly flat, slipping just 0.48 points to 5,911.69. The tech-heavy Nasdaq Composite showed more weakness, declining 62.11 points (0.32%) to 19,113.77.
This mixed performance comes after a strong May, which saw the S&P 500 surge 6.15% for its best monthly gain since November 2023. The Nasdaq posted an even more impressive 9.56% gain last month, while the Dow rose 3.94%.
Trade Tensions Resurface as Key Market Concern
Today’s cautious trading environment largely stems from renewed trade tensions between the United States and China. Futures fell early Monday after China pushed back against U.S. accusations of violating the Geneva trade agreement, instead blaming Washington for failing to uphold the deal. This development suggests negotiations between the world’s two largest economies are deteriorating.
National Economic Council director Kevin Hassett indicated that President Donald Trump and Chinese President Xi Jinping could hold trade discussions as early as this week, potentially providing some clarity on the situation. Meanwhile, investors continue to monitor the legal status of Trump’s tariffs, which have been in flux following recent court rulings.
Key Economic Data Released Today
Today’s economic calendar featured several important releases that influenced market sentiment. The ISM Manufacturing Index for May came in at 48.5%, slightly below expectations of 48.7% and still indicating contraction in the manufacturing sector.
Investors are also digesting comments from Federal Reserve officials, with Fed Chair Jerome Powell delivering opening remarks at an event today, followed by speeches from Chicago Fed President Austan Goolsbee and Dallas Fed President Lorie Logan.
Notable Stock Movers
Technology Sector Under Pressure
Technology stocks faced selling pressure today, contributing to the Nasdaq’s underperformance. Nvidia (NVDA) declined 2.85% to $135.22, continuing its volatile trading pattern despite its strong performance over the past year, up 23.47%.
Mixed Performance Among Other Tech Giants
Other major tech companies showed mixed results. Microsoft (MSFT) gained 0.42% to $460.69, Apple (AAPL) rose 0.73% to $201.46, and Meta Platforms (META) added 0.45% to $648.17. Amazon (AMZN) edged down 0.27% to $205.06, while Alphabet (GOOGL) was essentially flat, up just 0.04% to $173.07.
Earnings in Focus
Campbell Soup Company (CPB) is set to report earnings before the market opens tomorrow, with options implying a potential move of ±5.49%. After the close, Credo Technology Group (CRDO) will report with a much larger implied move of ±19.85%, reflecting higher volatility expectations for the semiconductor company.
Upcoming Market Events to Watch
Investors should keep an eye on several key economic releases this week that could significantly impact market direction. Tomorrow brings factory orders data and the Job Openings and Labor Turnover Survey (JOLTS), which will provide insights into labor market conditions.
Wednesday features the ADP employment report and ISM Services Index, while Thursday brings weekly jobless claims, trade deficit figures, and productivity data. The week culminates with Friday’s highly anticipated employment report, which economists expect to show the addition of approximately 125,000 jobs in May and an unemployment rate of 4.2%.
Looking further ahead, the Consumer Price Index (CPI) data will be released on June 11, which will be crucial for Federal Reserve policy expectations. The Fed’s next meeting to decide on interest rates will follow this important inflation reading.
Market Outlook
As June begins, market participants are weighing strong May performance against renewed trade concerns and upcoming economic data. Morgan Stanley’s Chris Toomey expressed skepticism about whether May’s momentum would continue, suggesting markets might remain range-bound as investors digest trade policy developments.
The market’s reaction to this week’s economic data, particularly Friday’s jobs report, will be critical in determining whether the recent rally can extend into June or if a more cautious approach will prevail. Investors should also monitor developments in U.S.-China trade relations, which could either ease or exacerbate current market tensions.
With the S&P 500 having gained over 6% in May, market participants are now assessing whether this strength represents a sustainable trend or if profit-taking and caution might dominate in the coming weeks as global trade uncertainties persist.