US-China Trade Talks Discuss Critical Minerals Amid Market Stability

U.S. stock markets showed minimal movement amid cautious optimism surrounding renewed U.S.-China trade talks focused on critical mineral exports, with semiconductor stocks rallying while Apple shares dipped during its developers conference. The U.S. dollar remained steady against major currencies, supported by strong employment data, keeping the dollar index stable but confined within a narrow range. Treasury yields rose following better-than-expected job growth, reflecting market anticipation ahead of upcoming U.S. inflation data releases scheduled later in the week. Analysts noted that while signs of easing trade tensions provided some relief for the dollar, the overall downtrend in the currency remains intact with resistance near key index levels. Emerging markets, including the Indian rupee, held steady despite global currency fluctuations driven by U.S. economic indicators and trade discussions. Investors continue to monitor the interplay of labor market strength, inflation data, and trade negotiations as these factors will shape currency and market trends in the near term.