Markets Rally as US-China Talks Signal Progress Ahead of Trump-Xi Summit
TL;DR Summary
Stocks and Asian markets rose as investors await the Trump-Xi summit, buoyed by Treasury Secretary Scott Bessent’s remarks that US-China talks were a “very successful engagement” on trade and AI. Korea’s Kospi led gains with about a 1.8% rise, while Samsung and SK Hynix climbed; Taiwan, Hong Kong, and China indices also advanced, and US stock futures were higher. Oil prices slipped amid shifting energy flows, and tariff talks on $30 billion of goods were cited as potential agenda items for the leaders’ meeting.
- Stocks advance after Bessent says talks with China were successful before Trump-Xi meeting Yahoo Finance
- Asian shares rise amid optimism around US-Chinese talks on trade and AI; oil prices fall – business live theguardian.com
- US Stock Futures Up Ahead of Talks, Dollar Steady: Markets Wrap Bloomberg.com
- Stocks face a key hurdle in next week’s U.S.-China summit. Here’s what’s at stake CNBC
- Stock Futures Little Changed Ahead of Trump-Xi Meeting Barron's
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