U.S. stock futures declined at the start of June amid escalating global trade tensions, particularly between the United States and China. On June 2, S&P 500 futures fell by 0.4%, Nasdaq-100 futures dropped 0.6%, and Dow futures decreased by 125 points, or 0.3%, as China pushed back against U.S. accusations. The negative sentiment extended to global markets, with equities across Europe and Asia also slipping. However, optimism emerged on June 3 and 4 as investors anticipated potential negotiations between U.S. President Donald Trump and Chinese President Xi Jinping, leading to a rebound in Asian markets. South Korea's Kospi Index surged 2.7% following the election victory of President Lee Jae-myung, who campaigned on policies aimed at boosting shareholder returns and economic growth. This rally marked a recovery after six months of political instability in South Korea, with the Korean won appreciating by approximately 0.8%. The Kospi's gains contributed to broader regional stock market rallies across Australia, China, Hong Kong, Indonesia, and India. The market movements reflect investor focus on trade tariffs, geopolitical developments, and domestic political changes in key economies.