* Treasury Secretary Yellen arrives in Beijing for talks on US-China relations
* Federal judge limits White House interactions with social media policy
* Fed officials see more rate hikes ahead, minutes show
* New US vehicle sales rise 13% in first half of year–ahead of expectations
* How long can Germany’s business model rely on China?
* Meta launches Threads, a rival to Twitter
* US factory orders rise for third straight month in May, but fall vs. year-ago level
* US 10-year Treasury yield rises to four-month high on Wednesday:

Enthusiasm for artificial intelligence’s business prospects help drive technology stocks (XLK) higher this year, well ahead of US stock market’s gain (SPY). “In the winter, the industry looked like it might be headed for an extended and painful slump. Tech titans were emphasizing efficiency and laying off tens of thousands of people. The Nasdaq Composite Index had lost more than 30% in 2022,” reports The Wall Street Journal. “But enthusiasm over AI has exploded among investors, executives and technology users since the startup OpenAI late last year unveiled ChatGPT, a bot that can converse in humanlike language. The fervor has put something of a floor under the descent the industry was experiencing, leading the downturn to play out differently than previous ones.”