Stock Futures Surge Following US-China Trade Deal Framework Agreement

Reported about 6 hours ago

US stock futures experienced an uptick after US and Chinese representatives agreed on a trade deal framework, potentially avoiding a significant tariff increase on Chinese goods. The agreement brings optimism to investors amid expectations of an upcoming interest rate cut by the Federal Reserve. President Trump is scheduled to meet with Chinese leader Xi Jinping in South Korea, as the two nations navigate ongoing trade tensions, with recent hopes for concessions surrounding rare-earth export controls.

Source: YAHOO

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