The stock market rally picked up steam after President Trump said U.S. officials will meet with Chinese officials in London on Monday to discuss trade. The S&P 500 was up 1.2%. "I am pleased to announce that Secretary of the Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, and United States Trade Representative, Ambassador Jamieson Greer, will be meeting in London on Monday, June 9, 2025, with Representatives of China, with reference to the Trade Deal," Trump said on Truth Social.