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Dow Jones pops on U.S.-China trade buzz, Tesla skyrockets!

Dow Jones pops on U.S.-China trade buzz, Tesla skyrockets!

Date: 2025-06-10 17:10:42 | By Lydia Harrow

Markets Surge as U.S.-China Trade Talks Heat Up in London

Holy smokes, the U.S. stock market is on fire today, folks! The buzz around the U.S. and China's latest round of trade talks sent indices soaring. The Dow Jones Industrial Average skyrocketed by a whopping 110 points, a sweet 0.26% gain. Not to be outdone, the S&P 500 jumped 0.41%, while the tech-heavy Nasdaq wasn't far behind, climbing 0.38%. It's like Wall Street is partying like it's 1999 all over again!

Down in London, the trade talks are getting real intense. The U.S. and China are duking it out over some serious issues, like the U.S. wanting to get their hands on those precious Chinese rare earth minerals and China eyeing some cutting-edge computer chips. China's playing hardball, hinting they might ease up on some companies needing those minerals, but don't hold your breath for them to give up control completely. President Trump's all like, "I'm getting good reports," but he's not pulling any punches, saying "China is not easy" to deal with. You can feel the tension in the air!

And guess what? While all this is going down, the U.S. and India are making some serious headway in their own trade talks. Sources from the Indian side are saying the discussions were super productive, diving deep into industrial and agricultural goods. It's like a trade party that just won't quit!

Tesla Shares Soar on Robotaxi News Amid Musk-Trump Truce

Hold onto your hats, because Tesla's stock just blasted off by 3.25%! The public spat between CEO Elon Musk and President Donald Trump seems to be cooling down, and on June 10, Trump threw some olive branches Musk's way, saying he's open to chatting with the tech guru again. It's like watching a blockbuster movie unfold!

But that's not all, folks. Tesla's making big moves in the robotaxi game. They just scored a license to roll out autonomous vehicles in Texas, with test runs kicking off on June 12 in Austin. It's like the future is happening right before our eyes! Still, some analysts are a bit skeptical about whether Musk can pull off his promise of fully autonomous, no-driver-needed vehicles. But hey, with Elon Musk at the helm, anything's possible, right?

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