U.S. stocks wrapped up the week with a mixed finish after President Donald Trump accused China of breaking a recent trade agreement, reigniting global market jitters just weeks after a deal was struck in Geneva.
The S&P 500 slipped 0.01% to close at 5,911.69, while the Nasdaq lost 0.32%, ending at 19,113.77. The Dow Jones rose 0.13%, finishing the week at 42,270.07.
Markets wavered following Trump's sharply worded social media post, in which he claimed China is facing economic collapse due to U.S. tariffs and said Beijing had "totally violated" the agreement Washington announced earlier this month.
“Everybody was happy! That is the good news!!! The bad news is that China… HAS TOTALLY VIOLATED ITS AGREEMENT WITH US,” Trump posted.
He added he would soon speak with Chinese President Xi Jinping, expressing hope that the matter could be resolved.
In response, China pushed back, pointing to ongoing U.S. restrictions on chip exports. A spokesperson from China’s embassy in Washington, Liu Pengyu, said the U.S. should stop “discriminatory restrictions” and respect the Geneva consensus.
Meanwhile, fresh U.S. economic data showed consumer sentiment remained flat in May, with the University of Michigan’s index holding at 52.2. Short-term inflation expectations edged up to 6.6%, but long-term expectations fell to 4.2%, the first drop since December.
Spain’s Foreign Minister Jose Manuel Albares said on Monday he will ask the EU Council to suspend the bloc’s agreement with Israel and back an arms embargo in response to human rights violations in Gaza.
The UK government announced plans to cut green levies on thousands of businesses, aiming to reduce soaring energy costs and boost the manufacturing sector, particularly in Labour strongholds.
Azerbaijan and Bangladesh seek to deepen their bilateral and multilateral ties. Azerbaijan’s Foreign Minister Jeyhun Bayramov met with his Bangladeshi counterpart Touhid Hossain on Sunday at the 51st Organisation of Islamic Cooperation (OIC) Council of Foreign Ministers in Istanbul.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 23 June, covering the latest developments you need to know.
South Korea and Malaysia agreed to expand bilateral cooperation, including efforts to finalize a free trade agreement, during a phone call between their leaders, local media reported.
Spain’s Foreign Minister Jose Manuel Albares said on Monday he will ask the EU Council to suspend the bloc’s agreement with Israel and back an arms embargo in response to human rights violations in Gaza.
The UK government announced plans to cut green levies on thousands of businesses, aiming to reduce soaring energy costs and boost the manufacturing sector, particularly in Labour strongholds.
Azerbaijan and Bangladesh seek to deepen their bilateral and multilateral ties. Azerbaijan’s Foreign Minister Jeyhun Bayramov met with his Bangladeshi counterpart Touhid Hossain on Sunday at the 51st Organisation of Islamic Cooperation (OIC) Council of Foreign Ministers in Istanbul.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 23 June, covering the latest developments you need to know.
South Korea and Malaysia agreed to expand bilateral cooperation, including efforts to finalize a free trade agreement, during a phone call between their leaders, local media reported.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
China has unveiled a mosquito-sized bionic drone designed for covert military operations and battlefield reconnaissance, marking a major advance in micro-robotics and stealth technology as part of the country’s growing focus on next-generation warfare capabilities.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
The USS Nimitz is heading to the Middle East amid tensions between Israel and Iran. The U.S. aircraft carrier has a decades-long history in the region, from the 1979 hostage crisis to modern deployments, often serving as a key asset during periods of rising friction with Iran.
The UK government announced plans to cut green levies on thousands of businesses, aiming to reduce soaring energy costs and boost the manufacturing sector, particularly in Labour strongholds.
Germany’s federal government spent over 1.2 billion euros on software, licenses and IT services in 2024, more than 25% higher than the previous year.
Japan’s core inflation rose to a more than two-year high in May, exceeding the central bank’s 2% target for over three years and increasing pressure on the Bank of Japan (BOJ) to resume rate hikes.
Two Nigerian communities will take Shell to trial in the UK in 2027 after winning a court ruling over Niger Delta oil pollution.
The European Investment Bank (EIB) announced Friday it is raising its financing ceiling to a record €100 billion to accelerate investments in defence, energy security and Europe’s technological leadership.
Spain’s Foreign Minister Jose Manuel Albares said on Monday he will ask the EU Council to suspend the bloc’s agreement with Israel and back an arms embargo in response to human rights violations in Gaza.
The UK government announced plans to cut green levies on thousands of businesses, aiming to reduce soaring energy costs and boost the manufacturing sector, particularly in Labour strongholds.
Azerbaijan and Bangladesh seek to deepen their bilateral and multilateral ties. Azerbaijan’s Foreign Minister Jeyhun Bayramov met with his Bangladeshi counterpart Touhid Hossain on Sunday at the 51st Organisation of Islamic Cooperation (OIC) Council of Foreign Ministers in Istanbul.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 23 June, covering the latest developments you need to know.
South Korea and Malaysia agreed to expand bilateral cooperation, including efforts to finalize a free trade agreement, during a phone call between their leaders, local media reported.
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