Economic Indicators

China has reported a sharp jump in its trade surplus for May, as imports fell off and exports edged up.

Asian financial markets advanced Monday after China released better-than-expected trade data for May, though worries remain over trade negotiations between the Washington and Beijing.

Chinese state media say the government will create a system to protect China's technology as the U.S. restricts the access of Chinese companies to American technology in a spiraling trade dispute.

G-20 finance leaders said Sunday trade and geopolitical tensions have “intensified."

Finance chiefs of the Group of 20 major economies meeting in the Japanese city of Fukuoka are debating how to revise tax systems to ensure big companies pay their fair share and support economies as global growth slows.

On Friday, Trump announced that the U.S. and Mexico struck a deal to avert a 5 percent tariff on all Mexican goods.

Rising trade tensions between the U.S. and China have sparked worries about the 17 exotic-sounding rare earth minerals needed for high-tech products like robotics, drones and electric cars.

On Friday, the president said the U.S. and Mexico reached an agreement to indefinitely suspend the tariffs.

One down, still others to go.

U.S. and Mexican officials claim to be making progress as they labored for a second day to avert import tariffs.

The Latest on U.S. threats to impose tariffs on Mexico (all times local): 8:35 p.m. President Donald Trump says he has "indefinitely suspended" tariffs he has threatened to impose Monday on Mexican imports.

The Latest on the meeting of financial leaders of the Group of 20 major economies (all times local): 1:50 p.m.

Companies have been rushing to ship as many goods as possible out of Mexico to get ahead of possible tariffs threatened by President Donald Trump, hurriedly sending cars, appliances and construction materials across the border to beat Monday's deadline.

With President Donald Trump threatening to slap tariffs on goods from Mexico, his transformation of Republican Party trade policy is nearly complete.

New Mexico's governor said Friday she's opposed to plans by a New Jersey-based company to build a multibillion-dollar facility in her state to temporarily store spent nuclear fuel from commercial reactors around the U.S. In a letter to U.S. Energy Secretary Rick Perry, Gov. Michelle Lujan Grisham said the interim storage of high-level radioactive waste poses significant and unacceptable risks to residents, the environment and the region's economy.

___ US stock market notches best week since late November NEW YORK — Wall Street turned the page on a painful May in the stock market by notching its best week since late November.

A sharp pullback in U.S. hiring for May intensified fears that the economy has weakened and that many employers have grown nervous, in part from President Donald Trump's escalating trade wars.

U.S. stocks moved broadly higher for a fourth consecutive day as investors look to start June with a strong weekly gain after a downturn in May.

Stocks closed broadly higher Friday as investors bet that a report showing the U.S. added fewer jobs than expected last month increases the odds that the Federal Reserve will cut interest rates in coming months.

The rain has plagued much Midwest this year –-- the wettest season ever in the contiguous U.S. –, putting agricultural planting weeks behind schedule.