The CPI gives the latest update on consumer inflation, President Trump’s trade team is back from talks with China and Tesla CEO Elon Musk sets the stage for the debut of the long awaited robotaxis. FOX Business is providing real-time updates on the markets,

Wall Street digested the progress on US-China trade negotiations and braced for the release of the May consumer inflation report.

Consumer prices increased 2.4% in May compared with a year ago, according to a Labor Department report released Wednesday.

The latest Consumer Price Index report showed inflation rose slightly to 2.4%. Meanwhile, Trump said the U.S. and China have reached a trade framework. Follow along for live updates on the Dow, S&P 500,

U.S. stocks were mixed on Wednesday morning after softer-than-expected May inflation data sent Treasury yields lower. Investors also digested the news from earlier that Washington and Beijing finally

U.S. stocks are drifting on Wednesday after a report suggested Trump’s tariffs are not pushing inflation much higher, at least not yet.

Stock futures moved higher Wednesday morning as investors digested an encouraging report on inflation and the latest developments on trade talks between the U.S. and China.

China's producer deflation deepened to its worst level in almost two years in May while consumer prices extended declines, as the economy grappled with trade tensions and a prolonged housing downturn.