Global Stock Markets Rally on US-China Trade Deal Optimism Ahead of Fed Meeting
Stock markets around the world have seen significant gains as optimism grows regarding a potential US-China trade deal, particularly in light of the upcoming meeting between Trump and Xi. Futures for major indices such as the Dow, S&P 500, and Nasdaq surged, with the Dow jumping as much as 300 points. Investors are also closely monitoring economic conditions as the Federal Reserve prepares for an anticipated rate cut, in conjunction with promising earnings reports from major tech companies. Amidst this positive momentum, concerns persist regarding competition issues tied to high-profile business deals in the UK, indicating a complex landscape in global financial markets.
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