- Inga Muller
- 11 Jun, 2025
- Frankfurt
Inditex S.A. traded down 4.4% to €47.05 after the parent company of fashion retailer Zara reported first-quarter 2025 results ending on April 30.
Sales increased 1.5% to €8.3 billion from €8.27 billion, and net income jumped 0.8% to €1.3 billion from €1.23 billion a year ago.
Inventories stood at €3.79 million in the quarter, compared to €3.57 million a year earlier.
In the current year, the company estimates ordinary capital expenditure of around €1.8 billion.
The company proposed an annual dividend of €1.68 per share payable in two equal installments of 84 cents per share.
The first interim payment was made on May 2, and the final dividend will be paid on November 3.
In the first quarter, the company opened new stores in 26 markets, ending the period with 5,562 stores.
- Akira Ito
- 11 Jun, 2025
- Tokyo
Stock market indexes in Tokyo edged slightly higher, and investors reviewed the latest update on producer price inflation and announcements from U.S.-China trade negotiators.
The Nikkei 225 Stock Average increased 0.5%, and the broader Topix edged up a fraction as investors reviewed the framework agreement struck between the U.S. and China.
Despite the positive tone of the announcements from the Trump administration and Chinese negotiators, the lack of details and concrete plans to implement trade procedures kept investors guessing.
U.S. Commerce Secretary Howard Lutnick said to reporters in London that both sides have agreed to ease export controls on goods and technologies that are deemed critical.
China and the U.S. are facing deep structural issues, as two trade and military rivals look for an edge over the other in international trade and global diplomacy.
Chinese companies have reduced their dependence on the U.S. over the last six years, with direct exports falling to less than 14% from as high as 19% only a decade ago.
Moreover, U.S. farm exports to China are increasingly facing competition from exports from Brazil, Argentina, and Peru.
Closer to home on the economic front, Japan's producer price inflation eased in May and was positive for the 51st consecutive month, the Bank of Japan said in a report Wednesday.
The producer price index advanced 3.2% in May, slower than the marginally revised 4.1% in April.
The sharp slowdown in petroleum costs to 0.6% from a rise of 6.3% was offset by the sustained increase in production machinery prices by 2.6% compared to 2.8% in the previous month, respectively.
Japan Indexes and Stocks
The Nikkei 225 Stock Average added 0.5% to 38,390.77, and the broader Topix index increased 0.1% to 2,787.54.
Tokyo Electron jumped 3.8% to ¥24,645.0, Advantest Corp. added 0.5% to ¥8,349.0, and Disco Corp. increased 4.2% to ¥34,500.0.
Automakers advanced following the U.S.-China trade framework announcements, and investors overlooked the lack of progress in trade talks between the U.S. and China.
Toyota Motor Corp. added 0.2% to ¥2,662.0, Honda Motor Co. Ltd. gained 0.8% to ¥1,411.0, and Nissan Motor increased 2.6% to ¥361.60.
- Akira Ito
- 11 Jun, 2025
- Tokyo
Stock market indexes in Tokyo edged slightly higher, and investors reviewed the latest update on producer price inflation and announcements from U.S.-China trade negotiators.
The Nikkei 225 Stock Average increased 0.5%, and the broader Topix edged up a fraction as investors reviewed the framework agreement struck between the U.S. and China.
Despite the positive tone of the announcements from the Trump administration and Chinese negotiators, the lack of details and concrete plans to implement trade procedures kept investors guessing.
U.S. Commerce Secretary Howard Lutnick said to reporters in London that both sides have agreed to ease export controls on goods and technologies that are deemed critical.
China and the U.S. are facing deep structural issues, as two trade and military rivals look for an edge over the other in international trade and global diplomacy.
Chinese companies have reduced their dependence on the U.S. over the last six years, with direct exports falling to less than 14% from as high as 19% only a decade ago.
Moreover, U.S. farm exports to China are increasingly facing competition from exports from Brazil, Argentina, and Peru.
Closer to home on the economic front, Japan's producer price inflation eased in May and was positive for the 51st consecutive month, the Bank of Japan said in a report Wednesday.
The producer price index advanced 3.2% in May, slower than the marginally revised 4.1% in April.
The sharp slowdown in petroleum costs to 0.6% from a rise of 6.3% was offset by the sustained increase in production machinery prices by 2.6% compared to 2.8% in the previous month, respectively.
Japan Indexes and Stocks
The Nikkei 225 Stock Average added 0.5% to 38,390.77, and the broader Topix index increased 0.1% to 2,787.54.
Tokyo Electron jumped 3.8% to ¥24,645.0, Advantest Corp. added 0.5% to ¥8,349.0, and Disco Corp. increased 4.2% to ¥34,500.0.
Automakers advanced following the U.S.-China trade framework announcements, and investors overlooked the lack of progress in trade talks between the U.S. and China.
Toyota Motor Corp. added 0.2% to ¥2,662.0, Honda Motor Co. Ltd. gained 0.8% to ¥1,411.0, and Nissan Motor increased 2.6% to ¥361.60.
- Li Chen
- 11 Jun, 2025
- Hong Kong
Stock market indexes in China and Hong Kong advanced as the U.S. and China wrapped up two-day trade talks in London.
The Hang Seng index increased 0.5%, and the CSI 300 index edged up 0.8% after trade negotiators said they have agreed "in principle to a framework" that needs approvals by respective leaders of the U.S. and China.
The 2-day trade meeting ended without a breakthrough as both sides signaled the need for additional talks in the month ahead.
The current pause in sky-high tariffs is set to expire on August 12, and the meeting in London came days after Xi Jinping and Donald Trump held a 90-minute phone call on June 5.
A trade agreement between the U.S. and China is likely to fall short of market expectations, as structural impediments are likely to hamper progress.
China has lowered its reliance on direct exports to the U.S. over the last six years, and Chinese companies have diversified their manufacturing bases to Mexico, Vietnam, Indonesia, and Malaysia.
Moreover, China has used as leverage its export of rare earth minerals to the U.S., critical elements needed for the manufacturing of advanced electronics systems.
The U.S. has also flipped the tariff negotiations to ban exports of advanced semiconductor chips needed for the development of China's artificial intelligence-driven products.
U.S.-China trade tensions are likely to persist in the years ahead, as China sources more agricultural products from South America and the U.S. keeps export bans on sensitive advanced technology.
While the Trump administration publicly states that the fundamental goal of tariffs is to decrease U.S. trade deficits, high tariffs on all key trade partners have never succeeded in reducing structural goods trade deficits.
Privately, U.S. lawmakers admit that tariffs, import taxes paid by U.S. consumers, are expected to play a key role in increasing federal government revenue.
China Indexes and Stocks
The Hang Seng Index gained 0.5% to 24,383.98, and the mainland-focused CSI 300 index added 0.8% to 3,897.35.
Baidu Inc. increased 1.8% to HK $87.20, Xiaomi Corp. added 2.2% to HK $54.65, and BYD Electronic International added 1.9% to HK $32.55.
Domestic consumer-focused companies traded down amid worries about the ongoing weakness in consumer demand growth.
Tingyi (Cayman Islands) Holding Corp. declined 2.4% to $12.04, Nongfu Spring dropped 1.9% to HK $38.55, and Mixue Group added 0.2% to HK $531.50.
- Li Chen
- 11 Jun, 2025
- Hong Kong
Stock market indexes in China and Hong Kong advanced as the U.S. and China wrapped up two-day trade talks in London.
The Hang Seng index increased 0.5%, and the CSI 300 index edged up 0.8% after trade negotiators said they have agreed "in principle to a framework" that needs approvals by respective leaders of the U.S. and China.
The 2-day trade meeting ended without a breakthrough as both sides signaled the need for additional talks in the month ahead.
The current pause in sky-high tariffs is set to expire on August 12, and the meeting in London came days after Xi Jinping and Donald Trump held a 90-minute phone call on June 5.
A trade agreement between the U.S. and China is likely to fall short of market expectations, as structural impediments are likely to hamper progress.
China has lowered its reliance on direct exports to the U.S. over the last six years, and Chinese companies have diversified their manufacturing bases to Mexico, Vietnam, Indonesia, and Malaysia.
Moreover, China has used as leverage its export of rare earth minerals to the U.S., critical elements needed for the manufacturing of advanced electronics systems.
The U.S. has also flipped the tariff negotiations to ban exports of advanced semiconductor chips needed for the development of China's artificial intelligence-driven products.
U.S.-China trade tensions are likely to persist in the years ahead, as China sources more agricultural products from South America and the U.S. keeps export bans on sensitive advanced technology.
While the Trump administration publicly states that the fundamental goal of tariffs is to decrease U.S. trade deficits, high tariffs on all key trade partners have never succeeded in reducing structural goods trade deficits.
Privately, U.S. lawmakers admit that tariffs, import taxes paid by U.S. consumers, are expected to play a key role in increasing federal government revenue.
China Indexes and Stocks
The Hang Seng Index gained 0.5% to 24,383.98, and the mainland-focused CSI 300 index added 0.8% to 3,897.35.
Baidu Inc. increased 1.8% to HK $87.20, Xiaomi Corp. added 2.2% to HK $54.65, and BYD Electronic International added 1.9% to HK $32.55.
Domestic consumer-focused companies traded down amid worries about the ongoing weakness in consumer demand growth.
Tingyi (Cayman Islands) Holding Corp. declined 2.4% to $12.04, Nongfu Spring dropped 1.9% to HK $38.55, and Mixue Group added 0.2% to HK $531.50.
- Barry Adams
- 10 Jun, 2025
- New York City
Stock market indexes on Wall Street traded around the flatline as investors awaited the details of a possible trade agreement between the U.S. and China.
The S&P 500 index edged up 0.09%, and the tech-heavy Nasdaq Composite inched higher 0.2% amid expectations that the world's two largest economies can avoid imposing sky-high tariffs.
Investors remained skeptical because of the previous flip-flops, despite the Trump administration's signaling "progress" in trade talks.
Moreover, investors are worried that the Trump administration will impose a minimum of 15% tariff on Chinese goods, stoking inflationary fears in the imminent future.
The sharp decline in crude oil of about 1% from the high of $78 a barrel has contributed to the decline in overall inflation over the four months, but the decrease in price is driven by the fears of a recession and fall in demand growth outlook.
The NFIB Small Business Optimism Index increased to 98.8 in May, a three-month high, compared to 95.8 in April, the National Federation of Independent Business reported Tuesday.
“Although optimism recovered slightly in May, uncertainty is still high among small business owners,” said NFIB Chief Economist Bill Dunkelberg.
Small businesses in logistics, traveling, entertainment, online retail, business marketing, independent restaurants, and home building continue to report sharp swings in revenue, according to an independent survey conducted by Ticker.com in May.
Commodities, Currencies, Indexes, Yields
The S&P 500 index increased 0.1% to 6,014.47, the Nasdaq Composite edged up 0.1% to 19,616.54, and the Russell 2000 index advanced 1.1% to 2,155.11.
The yield on 2-year Treasury notes edged lower to 4.00%, 10-year Treasury notes decreased to 4.45%, and 30-year Treasury bonds declined to 4.92%.
WTI crude oil increased $0.14 to $65.43 a barrel, and natural gas prices edged lower by $0.02 to $3.62 a thermal unit.
Gold increased by $17.38 to 3,343.22 an ounce, and silver edged down by $0.14 to $36.62.
The dollar index, which weighs the US currency against a basket of foreign currencies, decreased by 0.03 to 98.91 and traded at the lowest level since April 2022.
U.S. Movers
Cracker Barrel Old Country Store declined 2.9% to $59.0, and the restaurant chain operator filed to raise $275 million in a private offering of convertible senior notes.
Calavo Growers plunged 14% to $23.80 after the avocado, tomato, and papaya grower reported sales and earnings below analysts' expectations.
Net sales increased to $190.55 million from $184.38 million, net income jumped to $6.85 million from $6.06 million, and diluted earnings per share rose to 38 cents from 34 cents a year ago.
Fresh segment sales edged up 4.7%, and prepared segment sales climbed 9.9% from a year ago, respectively.
Over the last five years to date, Calavo stock has declined 51% because of falling sales and consistent but shrinking losses.
Limoneira Co. declined 13% to $14.07 after the citrus grower announced weaker-than-expected sales and losses in the fiscal second quarter.
Limoneira and Sunkist Growers also announced a "strategic merger" of Limoneira's sales and marketing operation with the farming cooperative group.
Limoneira said the "merger" agreement is expected to save the company about $5 million in annual costs and operating earnings improvement.
J.M. Smucker dropped 7.9% to $103.0 after the food company reported weaker-than-expected fiscal fourth-quarter revenue of $2.14 billion.
Taiwan Semiconductor Manufacturing added 2.2% to $211.49 after the advanced chip maker reported revenue in May increased 39% from a year ago.
For the first five months to May, revenue advanced 42.6% from a year ago, according to the company's statement to investors.
- Scott Peters
- 10 Jun, 2025
- New York City
Calavo Growers Inc. plunged 13.5% to $23.95 despite the provider of avocado, tomato, and papaya products reporting improved results for the fiscal second quarter ending on April 30.
Net sales increased to $190.55 million from $184.38 million, net income jumped to $6.85 million from $6.06 million, and diluted earnings per share rose to 38 cents from 34 cents a year ago.
Fresh segment sales edged up 4.7%, and prepared segment sales climbed 9.9% from a year ago, respectively.
Net sales for the six months ending in April increased to $344.93 million from $311.99 million, net income swung to a profit of $11.26 million from a loss of $205 million, and diluted earnings per share swung to a profit of 63 cents from a loss of 1 cent a year earlier.
In the six months, fresh segment sales jumped 12.4% and prepared segment sales rose 5.4% from a year ago, respectively.
Limoneira Co. edged up 0.9% to $16.33 after the diversified citrus growing, packing, selling, and marketing company with related agribusiness activities and real estate development operations reported financial results for the second quarter ending on April 30.
Revenue declined to $35.12 million from $44.61 million, net income swung to a loss of $3.49 million from a profit of $6.44 million, and diluted earnings per share swung to a loss of 20 cents from a profit of 35 cents a year ago.
The company announced its plan to merge its citrus sales and marketing into Sunkist Growers Inc., expecting to generate $5 million in annual selling and marketing cost savings and EBITDA improvement beginning in fiscal year 2026.
The transaction is expected to be finalized in November.
California-based Limoneira will return to Sunkist as one of its largest lemon growers and an exclusive licensed packer, the agri-food group said in a statement.
- Scott Peters
- 10 Jun, 2025
- New York City
Calavo Growers Inc. plunged 13.5% to $23.95 despite the provider of avocado, tomato, and papaya products reporting improved results for the fiscal second quarter ending on April 30.
Net sales increased to $190.55 million from $184.38 million, net income jumped to $6.85 million from $6.06 million, and diluted earnings per share rose to 38 cents from 34 cents a year ago.
Fresh segment sales edged up 4.7%, and prepared segment sales climbed 9.9% from a year ago, respectively.
Net sales for the six months ending in April increased to $344.93 million from $311.99 million, net income swung to a profit of $11.26 million from a loss of $205 million, and diluted earnings per share swung to a profit of 63 cents from a loss of 1 cent a year earlier.
In the six months, fresh segment sales jumped 12.4% and prepared segment sales rose 5.4% from a year ago, respectively.
- Barry Adams
- 10 Jun, 2025
- New York City
Stock market indexes on Wall Street traded around the flatline as investors awaited the details of a possible trade agreement between the U.S. and China.
The S&P 500 index edged up 0.09%, and the tech-heavy Nasdaq Composite inched higher 0.2% amid expectations that the world's two largest economies can avoid imposing sky-high tariffs.
Investors remained skeptical because of the previous flip-flops, despite the Trump administration's signaling "progress" in trade talks.
Moreover, investors are worried that the Trump administration will impose a minimum of 15% tariff on Chinese goods, stoking inflationary fears in the imminent future.
The sharp decline in crude oil of about 1% from the high of $78 a barrel has contributed to the decline in overall inflation over the four months, but the decrease in price is driven by the fears of a recession and fall in demand growth outlook.
The NFIB Small Business Optimism Index increased to 98.8 in May, a three-month high, compared to 95.8 in April, the National Federation of Independent Business reported Tuesday.
“Although optimism recovered slightly in May, uncertainty is still high among small business owners,” said NFIB Chief Economist Bill Dunkelberg.
Small businesses in logistics, traveling, entertainment, online retail, business marketing, independent restaurants, and home building continue to report sharp swings in revenue, according to an independent survey conducted by Ticker.com in May.
U.S. Movers
Cracker Barrel Old Country Store declined 2.9% to $59.0, and the restaurant chain operator filed to raise $275 million in a private offering of convertible senior notes.
Calavo Growers plunged 14% to $23.80 after the avocado, tomato, and papaya grower reported sales and earnings below analysts' expectations.
Net sales increased to $190.55 million from $184.38 million, net income jumped to $6.85 million from $6.06 million, and diluted earnings per share rose to 38 cents from 34 cents a year ago.
Fresh segment sales edged up 4.7%, and prepared segment sales climbed 9.9% from a year ago, respectively.
Over the last five years to date, Calavo stock has declined 51% because of falling sales and consistent but shrinking losses.
Limoneira Co. declined 13% to $14.07 after the citrus grower announced weaker-than-expected sales and losses in the fiscal second quarter.
Limoneira and Sunkist Growers also announced a "strategic merger" of Limoneira's sales and marketing operation with the farming cooperative group.
Limoneira said the "merger" agreement is expected to save the company about $5 million in annual costs and operating earnings improvement.
J.M. Smucker dropped 7.9% to $103.0 after the food company reported weaker-than-expected fiscal fourth-quarter revenue of $2.14 billion.
Taiwan Semiconductor Manufacturing added 2.2% to $211.49 after the advanced chip maker reported revenue in May increased 39% from a year ago.
For the first five months to May, revenue advanced 42.6% from a year ago, according to the company's statement to investors.
- Scott Peters
- 10 Jun, 2025
- Select
Calavo Growers Inc. plunged 13.5% to $23.95 despite the provider of avocado, tomato, and papaya products reporting improved results for the fiscal second quarter ending on April 30.
Net sales increased to $190.55 million from $184.38 million, net income jumped to $6.85 million from $6.06 million, and diluted earnings per share rose to 38 cents from 34 cents a year ago.
Fresh segment sales edged up 4.7%, and prepared segment sales climbed 9.9% from a year ago, respectively.
Net sales for the six months ending in April increased to $344.93 million from $311.99 million, net income swung to a profit of $11.26 million from a loss of $205 million, and diluted earnings per share swung to a profit of 63 cents from a loss of 1 cent a year earlier.
In the six months, fresh segment sales jumped 12.4% and prepared segment sales rose 5.4% from a year ago, respectively.
- Inga Muller
- 10 Jun, 2025
- Frankfurt
Fabasoft AG dropped 0.8% to €17.60 after the Austria-based software and cloud services provider reported fiscal 2025 results ending on March 31.
Revenue increased to €86.84 million from €80.95 million, net income edged down to €8.92 million from €9.11 million, and diluted earnings per share fell to 80 cents from 83 cents a year ago.
At the Annual General Meeting on July 9, the company plans to propose an annual dividend 10 cents per share.
- Inga Muller
- 10 Jun, 2025
- Frankfurt
Fabasoft AG dropped 0.8% to €17.60 after the Austria-based software and cloud services provider reported fiscal 2025 results ending on March 31.
Revenue increased to €86.84 million from €80.95 million, net income edged down to €8.92 million from €9.11 million, and diluted earnings per share fell to 80 cents from 83 cents a year ago.
At the Annual General Meeting on July 9, the company plans to propose an annual dividend 10 cents per share.
- Li Chen
- 10 Jun, 2025
- Hong Kong
Investors remained optimistic about the ongoing trade talks between the U.S. and China, and benchmark indexes advanced on Tuesday.
The Hang Seng index and the CSI 300 index traded around the flatline, and investors awaited the outcome of trade talks in London.
Trade negotiators are not hopeful of a breakthrough in the near term as both sides hold firm on their demands, despite the recent conciliatory gestures.
China temporarily relaxed its export ban on rare earth minerals, and Boeing resumed shipment of commercial aircraft.
However, tensions remain high as they continue to restrict shipments of advanced electronic chips and keep the ban on student visas.
China Indexes and Stocks
The Hang Seng index decreased 0.2% to 24,137.60, and the mainland-focused CSI 300 index dropped 0.5% to 3,867.19.
Galaxy Entertainment Group declined 2.2% to HK $33.10 after the Macau government ordered the closure of 11 satellite casinos.
Residential home developers advanced on reports that Beijing policymakers are looking to issue housing loans using provident funds, offering an alternative to bank mortgages.
Longfor Group Holdings gained 2% to HK $9.78, China Vanke increased 0.3% to HK $5.05, and China Overseas Land & Investment Ltd. added 1.7% to HK $13.54.
Newtrend Group Holding Ltd. soared 21% to HK 23.750, and the food additives maker priced its initial public offering at HK $18.90 per share and raised HK $200.6 million in gross proceeds through the sale of 10.59 million shares.
MetaLight declined 29% to HK 6.980, and the data analytics company priced its initial public offering at HK $9.75 per share and raised gross proceeds of HK $242.35 million through the sale of 24.9 million shares.
Rongta Technology (Xiamen) Group Ltd. soared 38% to HK $14.140, and the maker of printers and point-of-sale terminals priced its initial public offering at HK $10.0 per share.
The company sold 18.4 million shares and raised gross proceeds of HK $184.0 million.
- Li Chen
- 10 Jun, 2025
- Hong Kong
Investors remained optimistic about the ongoing trade talks between the U.S. and China, and benchmark indexes advanced on Tuesday.
The Hang Seng index and the CSI 300 index traded around the flatline, and investors awaited the outcome of trade talks in London.
Trade negotiators are not hopeful of a breakthrough in the near term as both sides hold firm on their demands, despite the recent conciliatory gestures.
China temporarily relaxed its export ban on rare earth minerals, and Boeing resumed shipment of commercial aircraft.
However, tensions remain high as they continue to restrict shipments of advanced electronic chips and keep the ban on student visas.
China Indexes and Stocks
The Hang Seng index decreased 0.2% to 24,137.60, and the mainland-focused CSI 300 index dropped 0.5% to 3,867.19.
Galaxy Entertainment Group declined 2.2% to HK $33.10 after the Macau government ordered the closure of 11 satellite casinos.
Residential home developers advanced on reports that Beijing policymakers are looking to issue housing loans using provident funds, offering an alternative to bank mortgages.
Longfor Group Holdings gained 2% to HK $9.78, China Vanke increased 0.3% to HK $5.05, and China Overseas Land & Investment Ltd. added 1.7% to HK $13.54.
Newtrend Group Holding Ltd. soared 21% to HK 23.750, and the food additives maker priced its initial public offering at HK $18.90 per share and raised HK $200.6 million in gross proceeds through the sale of 10.59 million shares.
MetaLight declined 29% to HK 6.980, and the data analytics company priced its initial public offering at HK $9.75 per share and raised gross proceeds of HK $242.35 million through the sale of 24.9 million shares.
Rongta Technology (Xiamen) Group Ltd. soared 38% to HK $14.140, and the maker of printers and point-of-sale terminals priced its initial public offering at HK $10.0 per share.
The company sold 18.4 million shares and raised gross proceeds of HK $184.0 million.
- Barry Adams
- 09 Jun, 2025
- New York City
Stock market indexes were little changed in early trading on Monday, and investors look forward to U.S.-China trade talks and inflation reports later in the week.
The S&P 500 index edged up 0.1%, and the tech-heavy Nasdaq Composite advanced 0.2%, as benchmarks approached record highs reached earlier in the year.
The S&P 500 index and the tech-heavy Nasdaq Composite rebounded for the second consecutive week, and the broader index is only 3% from its record high.
Last week, global stock markets rebounded amid growing conviction that the unilateral tariffs imposed by the U.S. president will eventually be rolled back sooner or later.
Trump tariffs, which are import taxes paid by U.S. consumers, may resurface in different forms if courts reject the Trump administration’s use of emergency laws later this week.
For now, stock market investors are bidding up stock in the belief that the TACO—Trump Always Chickens Out—stance is the way to go.
In the week ahead, investors in the U.S. are looking forward to the release of monthly wholesale inventories and inflation reports.
On Wednesday, investors are looking forward to the release of the consumer price inflation report, and on Friday, the producer price update.
Consumer price inflation is expected to show a slight weakening, largely reflecting weak energy prices.
On the earnings front, investors anticipate results from Oracle, Chewy, Adobe, GameStop, United Natural Foods, Dave & Buster’s Entertainment, and Oxford Industries.
Commodities, Currencies, Indexes, Yields
The S&P 500 index increased 0.03% to 6,002.02, the Nasdaq Composite edged up 0.2% to 19,573.28, and the Russell 2000 index advanced 0.5% to 2,142.00.
The yield on 2-year Treasury notes edged lower to 4.03%, 10-year Treasury notes increased to 4.52%, and 30-year Treasury bonds advanced to 4.99%.
WTI crude oil increased $0.04 to $64.62 a barrel, and natural gas prices edged lower by $0.17 to $3.61 a thermal unit.
Gold increased by $0.46 to 3,312.02 an ounce, and silver edged up by $0.32 to $36.30.
The dollar index, which weighs the US currency against a basket of foreign currencies, decreased by 0.01 to 99.18 and traded at the lowest level since April 2022.
U.S. Stock Movers
Apple Inc. added 0.4% to $204.73, and the popular phone device maker is scheduled to launch its annual gathering of developers.
Worldwide Developers Conference kicks off today and runs until June 13 at Apple Park, Cupertino, California.
Warner Brothers Discovery increased 7.2% to $10.54, and the media company plans to separate into two companies—a movie production studio and a streaming company.
The company plans to complete the split by the middle of 2026.
China-linked stocks advanced after the U.S. and China resumed their talks in London, UK, and investors are hoping that an agreement may be announced as early as this week.
Baidu Inc. jumped 1.4% to $204.73, Alibaba Group added 1.5% to $121.17, PDD Holding advanced 1.4% to $101.98, and BYD Company declined 2.2% to $101.98.