Shares of industrial and transportation companies were more or less flat as traders awaited key jobs data and developments with trade negotiations.
President Donald Trump spoke with Chinese leader Xi Jinping by phone on Thursday, according to a report from Chinese state media outlet Xinhua.
President Trump spoke Thursday with Chinese leader Xi Jinping, and said follow-up meetings were planned to stabilize trade negotiations that have broken down in recent weeks.
President Trump characterized the talks as conciliatory, noting that the leaders addressed rare earth exports, one of the major sticking points in negotiations. The Chinese leadership's account of the call was notably less positive.
Boeing will pay $1.1 billion to avoid prosecution for two crashes of its 737 MAX jets.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
June 05, 2025 17:21 ET (21:21 GMT)
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