Trump and Xi About to Have a Delicate Phone Call - EU Threatens to Accelerate Retaliatory Tariffs - Russia Reveals Maximum Demands for Peace Treaty - Meta Launches an Advertising Revolution - Broadcom on the Rise Ahead of Earnings - Applied Digital Secures Billion-Dollar Deal With CoreWeave

On Monday, June 2, 2025, U.S. markets closed slightly up. The Dow Jones gained 35 points to reach 42,305, the S&P 500 rose 0.4   % to 5,936, and the Nasdaq climbed 0.7   % to 19,243 points. Despite new trade conflicts between the U.S. and China, the markets remained stable . The catalyst was President Trump's announcement to double steel tariffs to 50   % . China responded with strong criticism, but the prospect of new talks and speculation about possible interest rate cuts by the Fed helped to calm the situation. Among the biggest...