Weak US Industry and Trade Risks Weigh on Wall Street – Markets are Starting the Week With Losses - Trump's new Tariffs Make US Steel Stocks Explode – Numerous Biotech Stocks Benefit From Positive News - DAX Starts June With Losses – US Tariffs and Ukraine Conflict Weigh on Markets!

After a historic May rally, the start of June for the US stock markets is noticeably more restrained: The S&P 500 falls by nearly 0.53% at the beginning of the week, reflecting growing concerns among investors. A surprisingly weak Purchasing Managers' Index for the manufacturing sector, along with new strains from trade conflicts and geopolitical tensions, contribute to this hesitance. In particular, declining import figures – at their lowest level in 16 years – indicate the effects of rising tariffs. While large parts of the market...