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Trump Xi Talks

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Stock Markets Fluctuate Amid US-China Trade Developments and Tech Earnings
business5 months ago

Stock Markets Fluctuate Amid US-China Trade Developments and Tech Earnings

The stock market declined following President Trump's meeting with Xi Jinping, with the Dow and Nasdaq falling, while Meta plunged over 9% after earnings that showed strong revenue but increased AI spending. Major tech stocks like Apple rose, and earnings reports from Alphabet and Microsoft showed mixed results. The meeting's outcomes included tariff adjustments and resumed soybean purchases, influencing market sentiment.

Asian Shares Mixed Ahead of US Jobs Data
financial-markets10 months ago

Asian Shares Mixed Ahead of US Jobs Data

Asian equities traded narrowly as US-China talks showed little progress, with investors awaiting US jobs data that could influence Federal Reserve rate decisions. Tesla shares plummeted amid political tensions between Elon Musk and Trump, while commodities like silver and platinum reached multi-year highs, reflecting growing investor interest in precious metals.