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    Home » Stock Market Today: Tesla Drags on Stocks Amid Musk-Trump Feud
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    Stock Market Today: Tesla Drags on Stocks Amid Musk-Trump Feud

    agnel330By agnel330June 5, 2025No Comments4 Mins Read0 Views
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    Stock Market Today: Tesla Drags on Stocks Amid Musk-Trump Feud
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    The stocks fought for the direction on Thursday as the market participants waited for more information about tariff talks between the US and its business partners.

    On Wednesday, President Donald Trump and Chinese President Xi Jinping made a phone call of about 90 minutes to discuss trade between the two countries.

    In a post True socialTrump said it was “a very good thing,” and two “straight out” some complications were focused on “rare earth” and “other things”.

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    To resume the high-level representative trade talks of the US and China, according to Trump, will soon meet again.

    Signs of increasing tension between the two countries, after a news Short term trade truss In mid -May, instability in markets has increased.

    And when today’s price action was up and down, in recent months we have experienced that the tricks were very modest.

    Close, blue chip Dow jones industrial average At 42,319 was 0.3% below, widespread S&P 500 0.5% at 5,939, and Tech-Havi Nasdac Composite It was 0.8% less at 19,298.

    Tesla sink widens as a musk-tump rift

    Tesla ,

    Tesla’s CEO recently abolished its cost-cut efforts at Washington, DC, so that his companies came back.

    While Musk left good positions with Trump, his recent criticism of the President’s “big, beautiful” tax bill has highlighted a wide crack between the two.

    For your share, musk Posted on X That expense bill is a “hateful hatred” Insolvency america,

    Trump replied His own post on truth social Today, writing that he A “EV took away the mandate This forced everyone to buy electric cars, “and alone” just went crazy! ,

    Circle Stock Tire after IPO

    Circle Internet Group (CRCL) had the first day of trading, which opened at $ 69 on Thursday.

    Stabechoin The issuer gave the price of his initial public offer (IPO) at $ 31 per share late Wednesday night – Above its pre -border $ 27 to $ 28 – And Crypto Stock reached $ 103.75’s Intrade high before settling at $ 82.84.

    Cryptocurrency is in thanks thanks to a correct thanks Auxiliary measure From Trump Administration.

    And CRCL can get additional boost if Congress passes Talented act – The purpose of a bill is to create a regulatory structure for stablecoins.

    Successful offering is also well for mobile banking platform chime, which will be priced Upcoming IPO According to Fortune, start trading on Nasdaq under the tick symbol “Chym” on Wednesday, June 11, and Thursday, 12 June.

    Unemployed claims come in hot

    Labor Department data has shown that Initial Jobless Claims Last week, from 8,000 to 247,000, more than 236,000 economists were expected.

    It’s just Latest signal A cooling comes ahead in the labor market and tomorrow morning on release of Jobs report.

    The data is expected to show 125,000 nonform parole in April.

    Job growth has been a tailwind for the American economy, says Scott helfstinHead of investment in Global X, and it makes a Friday report “Particularly hard fundamental data vs. is important in the battle of high frequency survey data.”

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    Drags Feud Market MuskTrump Stock Stocks Tesla Today
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