Stocks and Dollar Rise on Hope for US-China Trade Progress

Reported about 13 hours ago

Wall Street futures and the dollar strengthened amid optimism over U.S.-China trade negotiations, suggesting an avoidance of global recession despite awaiting deal specifics. Geopolitical tensions eased with a ceasefire in India-Pakistan and a potential meeting between Ukraine and Russia leaders. U.S. Treasury officials reported 'substantial progress,' and although no concrete tariff changes were mentioned, markets responded positively with significant gains in stock futures and a firm dollar.

Source: YAHOO

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