China, Trump and Stock market index
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After two days of talks in London, the U.S. and China late Tuesday agreed on what they called a framework to get a May trade truce back on track. Investors yawned, with U.S. stock-index futures a shade lower Wednesday morning.
US stocks edged higher on Tuesday as renewed US-China trade talks entered their second day after an upbeat initial meeting. Both the S&P 500 and Nasdaq are now within striking distance of their all-time closing highs — 6,
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Global shares are mostly trading higher after China and the U.S. said they have a framework for following up on the trade truce.
Stocks haven’t been this expensive relative to bonds in almost 25 years. Is a market downturn next?
US stocks were little changed on Tuesday as renewed US-China trade talks entered their second day after an upbeat initial meeting. The Dow Jones Industrial Average was little chan
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In addition to inflation and US-China trade, a key bond auction is on investors' radar. A $22 billion sale of 30-year bonds is scheduled for Thursday.
Investor sentiment is being buoyed by U.S.-China trade talks in London and downward revisions to U.S. payroll estimates—suggesting the Fed may consider cutting interest rates later this year, a move typically supportive for stocks.
Shares of MP Materials ( MP -8.81%), America's biggest miner of rare earth metals, tumbled 8.3% through 10:10 a.m. ET Wednesday after President Donald Trump posted on Truth Social about a new trade deal reached with the Chinese delegation in London last night:
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Stock index futures traded in the red on Wednesday, as investors awaited details on a trade framework over trade disputes agreed upon by the U.S. and China and the retail inflation data. S&P 500 futures (SPX) -0.