President Trump concluded a business-focused visit to Beijing on Friday, securing deals for major U.S. companies like Boeing Co. (NYSE:BA) and Nvidia Corp. (NASDAQ:NVDA). However, complex diplomatic issues regarding Taiwan and Iran remain unresolved.
Meanwhile, the 10-year Treasury bond yielded 4.54%, and the two-year bond was at 4.06%. The CME Group's FedWatch tool‘s projections show markets pricing a 99.4% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.
Index
Performance (+/-)
Dow Jones
-0.67%
S&P 500
-1.09%
Nasdaq 100
-1.58%
Russell 2000
-1.21%
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 and Nasdaq 100, respectively, were lower in premarket on Friday. The SPY was down 1.05% at $740.34, while the QQQ was lower by 1.54% to $708.74.
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Stocks In Focus
Figma
Figma Inc. (NYSE:FIG) soared 10.92% in premarket on Friday after reporting better-than-expected first-quarter financial results and raising its FY26 sales guidance.
Benzinga’s Edge Stock Rankings indicate that FIG maintains a strong price trend in the short term, but a weak trend in the long and medium terms.
Applied Materials
Applied Materials Inc. (NASDAQ:AMAT) was 3.08% lower despite reporting better-than-expected second-quarter financial results and issuing strong third-quarter guidance.
Benzinga’s Edge Stock Rankings indicate that AMAT maintains a strong price trend in the long, medium, and short terms, with a ...
