JIANG JUNZHE

Trader Steven Gohl works on the floor of the New York Stock Exchange, Tuesday, June 10, 2025. (AP Photo/Richard Drew)
Oil prices leap 7% and US stocks slump more than 1% on worries about the crude market
Oil prices leaped, and stocks slumped on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy.
 
Traders Dylan Halvorsan, left, and Drew Cohen work on the floor of the New York Stock Exchange, Monday, June 9, 2025. (AP Photo/Richard Drew)
US stocks drift and Chinese markets rise as trade talks start between the world’s largest economies
U.S. stocks drifted through a quiet day of trading as the world’s two largest economies began talks on trade that could help avoid a recession. The S&P 500 rose 0.1% Monday and is 2.3% below the record it reached in February.
 
Trader Robert Oswald, right, works on the floor of the New York Stock Exchange, Tuesday, May 20, 2025. (AP Photo/Richard Drew)
European shares gain after Trump pushes back planned 50% tariffs on EU
European shares closed higher and U.S. futures surged after U.S. President Donald Trump said he would delay a threatened 50% tariff on goods from the European Union to July 9. Asian shares mostly fell on Monday.