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S&P 500's record highs, Trump says US and China have framework for a trade deal, inflation rises

2 weeks ago 2

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Morning Brief anchor Brad Smith breaks down the latest financial news to start the day on June 27, 2025. The S&P 500 is trading within points of an all-time high. We'll track the latest market moves as the S&P 500 closes in on this milestone. President Trump confirmed that the framework for a trade deal has been signed with China. The agreement includes a pledge to approve US export applications for rare earth minerals. In return, China said the US would roll back some restrictions. Inflation rose slightly more than expected in May. We break down the details of the data and what it means for the Fed. For more episodes of Morning Brief, please visit: https://finance.yahoo.com/videos/series/morning-brief/ #youtube #stocks #china About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance
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