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US stock indices stabilize amid new trade threats
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US stock indices stabilize amid new trade threats
Jun 12, 2025 10:03 AM

Most US stock indices stabilized on Thursday as traders assess latest data and new trade threats by Trump.

US President Trump said hes willing to extend the final July 8 deadline to carry on trade talks, but warned that the US will send messages in the next few weeks to tens of countries to set trade terms.

Earlier US data showed producer prices rose 2.6% y/y in May, beating estimates of 2.5%.

US unemployment claims came at 248 thousand in the week ending June 7, same as the previous week, and up from estimates of 246 thousand.

On trading, Dow Jones fell 0.1%, or 37 points to 42,829 points, while SP 500 rose 0.1%, or 6029 points, as NASDAQ climbed 0.1%, or 15 points to 19,631 points.

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