<p>The China-U.S. London talks have begun, chip stocks support the S&P and Nasdaq for two consecutive rises, the chip index closed up nearly 2%, Qualcomm rose over 4%, NVIDIA once rose over 2%; Tesla rose over 4%, continuing to lead the tech giants, while Apple's stock price fell over 1% as no significant AI progress was announced at WWDC</p>

- The U.S.-China economic talks commenced in London, with chip stocks boosting the S&P 500 and Nasdaq, while Tesla and Chinese tech stocks outperformed.  
- The U.S. consumer inflation expectations fell in May, leading to a rebound in U.S. Treasury prices, while crude oil and gold prices rose.  
- China's CPI decreased by 0.1% year-on-year, with significant increases in rare earth exports and soybean imports, reflecting ongoing trade dynamics amid U.S. tariffs.

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Breakfast | The China-U.S. London talks continue! Apple WWDC declines against the market trend