Alliance Implosion, Trump-Xi Speak, Jobs Day 6/6/25

The gloves come off. Elon Musk and President Trump’s relationship implodes in a spectacular and very public — way. The attacks are personal, and the cost to Musk is immense. Plus, The feud is overshadowing a major market event — President Trump’s first call with China’s Xi Jinping on trade. More high-level talks are promised. And later, Investors are absorbing all of it ahead of today’s critical jobs report. Futures are bouncing back.