#TradeWarEases

๐Ÿšจ BREAKING NEWS: ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡จ๐Ÿ‡ณ U.S. and China Reach Preliminary Trade Agreement(en.wikipedia.org)

As of May 12, 2025, the United States and China have reached a preliminary trade agreement following two days of negotiations in Geneva. U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer described the discussions with Chinese Vice Premier He Lifeng as productive, aiming to reduce the U.S. trade deficit and ease tensions from recent tariff escalations. While specific terms remain undisclosed, the cooperative tone of the talks has positively influenced global markets, with U.S. stock futures rising and the S&P 500 showing signs of recovery. Analysts caution that sustained progress will depend on the implementation of concrete measures to address longstanding trade issues.

Stock market information for SPDR S&P 500 ETF Trust (SPY)

SPDR S&P 500 ETF Trust is a fund in the USA market.

The price is 564.59 USD currently with a change of -0.47 USD (-0.00%) from the previous close.

The latest open price was 566.41 USD and the intraday volume is 11395809.

The intraday high is 567.5 USD and the intraday low is 562.85 USD.

The latest trade time is Friday, May 9, 20:00:54 +0500.