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cover of episode Stock Futures Point To Muted Open, Apple WWDC Kick Off Today, U.S.-China Trade Talks Resume. 6/9/25

Stock Futures Point To Muted Open, Apple WWDC Kick Off Today, U.S.-China Trade Talks Resume. 6/9/25

2025/6/9
logo of podcast Worldwide Exchange

Worldwide Exchange
AI Chapters Transcript
Chapters
This chapter covers the resumption of high-level trade talks between the U.S. and China in London. Discussions focus on export controls, rare earth metals, and advanced semiconductor technologies. The chapter includes reports from London and Beijing, highlighting the perspectives and expectations of both sides.
  • U.S.-China trade talks resume in London.
  • Focus on export controls, rare earth metals, and semiconductors.
  • China seeks removal of restrictions on key technologies.
  • U.S. seeks increased rare earth metal exports from China.

Shownotes Transcript

We begin with the U.S. markets, and the S&P 500 is now about 2.5% away from its all-time high after a better-than-expected jobs report on Friday gave stocks another boost. Plus, Apple is also in focus today. Shares are down double digits year to date, and investors are looking for the latest AI developments from the iPhone maker at its Worldwide Developers Conference. And later, a potential trade deal could have a major impact on Apple and other tech companies. U.S.-China trade talks are set to resume in London today. A call last week between President Trump and Chinese President Xi has renewed hopes for a breakthrough.