By Dow Jones Newswires Staff


U.S. stock futures and most European stock markets were near flat and Asian indexes ended mixed as investors await the result of the U.S.-China trade talks in London.

Expectations are high after Kevin Hassett, director of the National Economic Council, told CNBC that he expected both countries to relax export controls. That in turn spurred a rally in chip stocks on Monday as investors eyed a potential easing of restrictions on China's access to semiconductors.

The dollar gained Tuesday and U.S. Treasury yields eased a touch ahead of several bond auctions this week. Oil benchmarks were flat while gold eased.


--Early in Europe, U.S. stock futures were trading either side of flat across the board.


--Asian indexes ended mixed, with China losing its morning gains after recent increases in mainland and Hong Kong stocks likely triggered some profit-taking. The tech-heavy ChiNext dropped 1.2% in the mainland market, while the Hang Seng index fell 0.3%. South Korea's Kospi ended up 0.6% and Japan's Nikkei 225 index gained 0.3%.

European stock markets started the day pretty much flat. However, the U.K.'s FTSE 100 added 0.5% to hit a new intraday record.


--There's a U.S. Treasury auction of three-year notes on Tuesday, with longer longer-term debt auctions coming later this week that might prove more challenging.

The $58 billion offer of three-year notes on Tuesday "should be digested easily," said Pepperstone's senior research strategist Michael Brown in a note, with Wednesday's $39 billion auction of 10-year notes and Thursday's $22 billion sale of 30-year bonds "much bigger tests." Extending Monday's fall, the 10-year Treasury yield was last down 2 basis points at 4.465%, according to Tradeweb.


--The dollar was up but gains were limited as sentiment toward the currency remains fragile. The DXY dollar index against a basket of major currencies was recently up 0.2% to 99.1399. The euro fell 0.2% to $1.1401.


--Oil prices were stable after climbing in the previous session. Brent crude and WTI were trading flat at $67.07 and $65.25 a barrel, respectively.


--Gold futures fall as trade optimism suppressed demand for traditional safe-haven assets. Futures were last down 0.2% at $3,349.20 a troy ounce.


Write to Barcelona Editors at barcelonaeditors@dowjones.com


(END) Dow Jones Newswires

06-10-25 0430ET