Los Angeles Guard conflict
The White House deployed 2,000 National Guard members as Los Angeles protests escalated, and California Governor Gavin Newsom announced that the state would sue over the deployment.
Jun 8, 2025 · QQQ/SPY Market Review · 14 headlines
With U.S. markets closed on Sunday, attention centered on the deployment of 2,000 National Guard members during escalating Los Angeles protests and California's planned lawsuit over the move. Global companies prepared to oppose proposed Article 899 taxes on foreign investors, while a separate report showed a $37 billion May outflow from U.S. stocks. Apple faced a Siri upgrade delay ahead of WWDC, and China reported weaker consumer and producer prices.
Published
The White House deployed 2,000 National Guard members as Los Angeles protests escalated, and California Governor Gavin Newsom announced that the state would sue over the deployment.
Major global companies prepared to lobby against proposed Article 899 taxes on foreign investors, while another report put May foreign-investor outflows from U.S. equities at $37 billion, the largest monthly exit in a year.
Apple was reported to be preparing its Liquid Glass interface for iOS 26 while technical challenges delayed a core Apple Intelligence and Siri upgrade ahead of WWDC.
China's May CPI fell 0.1% year over year and its PPI fell 3.3%, while Japan's first-quarter annualized GDP declined 0.2%, less than the estimated 0.7% drop.
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