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US stocks remained largely unchanged as investors assessed a phone call between President Trump and China’s Xi Jinping, hoping for trade tension relief. Meanwhile, rising jobless claims added to economic concerns ahead of key earnings and jobs data.
- Dow Jones and S&P 500 dipped 0.1% amid muted reaction to Trump-Xi trade talk.
- Jobless claims hit an eight-month high, raising concerns over US labor market health.
- Investors await earnings from Lululemon, Broadcom and May jobs report for direction.
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