Stock market today: S&P 500, Dow, Nasdaq futures stall with US and China set to reboot trade talks

Updated Mon, Jun 9, 2025, 7:03 AM 1 min read

US stock futures trod water on Monday ahead of renewed US-China trade talks in London, as investors watched for signs either side is willing to dial down tensions and reach a tariff deal.

S&P 500 futures (ES=F) were little changed after the broad benchmark edged above 6,000 to notch its highest close since February. Dow Jones Industrial Average futures (YM=F) also fluctuated along the flat line, while contracts on the tech-heavy Nasdaq 100 (NQ=F) nudged 0.1% lower.

Stocks ended last week on a high note, appearing to shake off the volatility that has plagued markets following President Trump’s early-April tariff hikes. Encouraging jobs data helped ease fears of a recession fueled by his policy overhaul.

Hopes are now for a breakthrough in the high-level US-China trade talks kicking off on Monday, after a phone call between Trump and Chinese President Xi last week.

Read more: The latest on Trump’s tariffs

The stakes are high amid warnings that tariff barriers will harm economies worldwide — the US in particular. Investors are looking for a revival of the momentum shown in the Geneva pact in mid-May. Relations have soured since then, with the US and China accusing each other of not keeping to the trade truce and ratcheting up pressures in other areas.

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