Stock Market Today: Dow Up On U.S.-China Trade Hopes
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Dow Jones Futures: Trump Upbeat On China, Lifts Nvidia; Why Microsoft, Google, Meta Earnings Are So Important
Microsoft, Google and Meta earnings loom, along with a Fed rate cut. President Trump is upbeat on China and gave Nvidia a lift.
Treasury Secretary Scott Bessent offered rough outlines of an agreement that include China easing rare earth export restrictions and buying “significant” amounts of U.S. soybeans in exchange for President Donald Trump removing his threat of adding 100% tariffs on China.
The Fear & Greed Index showed lower fear, Dow surged 300 pts., US & China had successful trade talks, markets cheered.
US stock market today surges before Fed rate cut. Stocks jumped to fresh highs Wednesday as tech gains powered Wall Street. Nvidia crossed a record $5 trillion valuation, fueling AI optimism. The S&P 500 rose 0.
Dow futures edge higher as markets await Fed rate cut, tech earnings, Nvidia AI rally, and easing US-China tensions.