Markets Rally to Fresh Highs on Optimistic Trump-Xi Talks
TL;DR
U.S. stocks surged to fresh records as day one of the Trump-Xi summit boosted optimism in trade and tech, with the SPY and QQQ leading the rally, Nvidia chip sales to Chinese firms approved, and Cerebras IPO fueling sentiment; retailers posted a 0.5% April gain, while Cisco and Broadcom rose on earnings and target upgrades, even as Xi warned of potential Taiwan tensions.
- Stock Market Today: SPY, QQQ Accelerate to All-Time Highs on ‘Extremely Positive’ Trump-Xi Meeting TipRanks
- CNBC Daily Open: Trump-Xi summit delivers Wall Street boost CNBC
- Trump’s China Summit Could Mean Big Things for Boeing, Tesla and Nvidia Barron's
- Dow closes above 50,000 as investors eye Trump-Xi summit ABC News - Breaking News, Latest News and Videos
- Equities advance as Trump meets Xi, oil edges down Reuters
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