On the 11th (local time), the S&P 500 index closed at 6022.24, down 16.28 points (0.27%) from the previous day.
The Nasdaq Composite index, which focuses on technology stocks, recorded a decline of 98.13 points (0.50%) to 19,615.88.
The Dow Jones Industrial Average dipped slightly by 1.1 points (0.003%) to finish at 42,865.77.
Amid a collective drop in the three major indices, a lower-than-expected inflation indicator for May eased some investor concerns. However, experts noted that a significant volume of sell-offs in key technology stocks, which had seen a sharp rise recently, limited the overall index increase.
The U.S. Department of Labor announced that the Consumer Price Index (CPI) for May rose by 0.1% compared to the previous month, falling short of expectations (0.2%). Core CPI, which excludes volatile food and energy prices, also rose by 0.1%, below projections.
Goldman Sachs Asset Management noted that "May's inflation was lower than expected," and "tariffs are not yet having a significant immediate impact."
Officials from the U.S. and China announced an agreement on a trade framework during negotiations held in London over two days.
President Donald Trump explained via social media that the transaction with China is "complete," indicating that China will supply rare earth metals in advance, while the U.S. will allow Chinese students to enroll in U.S. colleges.
On this day, stocks related to quantum computing showed strong performance.
After Jensen Huang, CEO of NVIDIA, mentioned at a developer conference in Paris that "quantum computing is reaching an inflection point," shares in Quantum Computing surged by 35%, while Rigetti Computing rose by 20%.
Oklo, a company involved in nuclear energy, soared more than 25% as it became increasingly likely to secure a contract to supply power to an Alaskan military base.
Conversely, major technology stocks performed poorly. GameStop declined by 5% as first-quarter sales fell compared to the same period last year.
Tesla rose by 1.7%, maintaining its upward trend for the fourth consecutive day, as CEO Elon Musk stated that he regrets his conflicts with President Trump.
Investors are also paying attention to the fact that oil prices have surged over 4% due to escalating tensions in the Middle East.
On this day, reports emerged that the U.S. is preparing to withdraw some staff from the embassy in Iraq, leading West Texas Intermediate (WTI) to close at $68.15 per barrel.
Investors are focusing on additional economic indicators set to be released on the 12th and the direction of the Federal Reserve's currency policy. The key issue appears to be whether low inflation indicators could raise expectations for future interest rate cuts.