Stocks headed lower overnight as investors weighed up whether it’s smart to be optimistic about the US President after very public fallout between the President and Elon Musk and a “positive” US-China call on trade that either side refused to release details about

Stocks drifted lower overnight as weaker labor data stoked concerns about the economy just as US/China trade relations continued to sour ahead of talks expected this week between President Donald Trump and Chinese President Xi Jinping.

US Indexes were yet again underpinned by a surge in semiconductor stocks, namely Nvidia, on AI enthusiasm as investors awaited further update on trade deals after the White House confirmed that countries should submit their best trade offers by Wednesday.

Stocks shrugged off rising tensions between China and the U.S. that threatens to spark a global trade war between the largest two economies.

Stocks ended lower on Friday as chip stocks including Nvidia were pressured rising U.S. China trade tensions, wrapping up a month where the US indices had their strongest month since 2023.

Stocks were lucky to be saved by Nvidia’s earnings result overnight, with the worlds 3rd biggest company, single handedly holding up the index against broader weakness

Stocks drifted lower overnight on fresh trade-related angst after President Donald Trump reportedly ordered U.S. chip software makers to stop selling to China, and the Federal Reserve’s May meeting minutes underscoring tariff-related uncertainty.

Stocks rose sharply overnight after U.S. consumer confidence rebounded following a five-month slump, cooling fears about the economy just days after President President Donald Trump postponed plans to impose steep trade tariffs on the European Union.