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Featured Author, Invest 101
Morning Trading news Jun 6 2025
Posted on
06/06/2025
by
moneysmart-girl
Today’s Key Market Moves
Tesla shares sink 14%
after President Trump lashes out at CEO Elon Musk, escalating a public spat between the two. Tesla shares are now down 33% this year.
The Nasdaq slides 0.8% and the S&P 500 falls 0.5%
.
The dollar hits a 7-week low
on an index basis. It’s now a whisker from taking out April’s low and plumbing depths not seen in three years.
Sterling
rises above $1.36 for the first time since February, 2022.
Silver hits a 13-year high of $36/oz, and platinum jumps around 5% to a 3-year high of $1,145/oz.
Today’s key reads
Trump threatens Musk’s government deals as feud explodes over tax-cut bill
US stocks heal from tariff pain but trade news to keep markets edgy
Franc leading Swiss back to deflation vortex, asset stockpiling: Mike Dolan
Big central banks’ forecasting lens gets fogged by US tariffs
The world’s auto supply chain is in the hands of a few Chinese bureaucrats
For more news visit Reuters.com
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