04:08 PM EDT, 06/10/2025 (MT Newswires) -- US benchmark equity indexes ended higher Tuesday as US and China continued trade talks in the UK.

* Trade discussions between US and Chinese officials continued for the second day in London. The talks are "going well, and we're spending lots of time together," CNBC reported, citing US Commerce Secretary Howard Lutnick. Discussions are expected to continue all day, Lutnick reportedly said.

Previously, the two sides accused each other of violating their preliminary trade deal reached in May.

* The World Bank lowered its global and US economic growth outlooks for 2025 and 2026.

"Heightened trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest pace since 2008 outside of outright global recessions," the World Bank said. "The turmoil has resulted in growth forecasts being cut in nearly 70% of all economies -- across all regions and income groups."

* July West Texas Intermediate crude oil closed down $0.56 to settle at $64.73 per barrel, while August Brent crude, the global benchmark, was last seen down $0.45 to $66.59 as talks between China and the US continue.

* Casey's General Stores (CASY) shares jumped over 11%. The convenience store operator late Monday issued a comparable sales growth outlook for fiscal 2026 higher than the previous year at the midpoint, while its Q4 earnings surprisingly increased on an annual basis.

* J.M. Smucker (SJM) shares were down 16%. The food producer provided a full-year earnings outlook below Wall Street's expectations, while its fiscal Q4 sales fell below market estimates.