US EditionWall Street wavers as China shores up its economy ahead of trade talks with the US
- Wall Street stocks rose modestly on May 7, 2025, as China increased efforts to support its economy ahead of trade talks with the U.S. In Switzerland.
- This followed growing concerns about tariffs between the U.S. And China, which led to uncertainty and prompted companies to adjust financial forecasts.
- While the Federal Reserve signaled caution, expecting to hold interest rates steady, markets showed mixed reactions with European losses and Asian gains, and the 10-year Treasury yield dropping slightly to 4.29%.
- The Dow Jones rose 242 points, the S&P 500 gained 0.4%, and the Walt Disney Co. Surged nearly 10% after beating profit targets and gaining over a million streaming subscribers.
- The upcoming trade talks and China's rate cuts aim to ease tensions that have pressured technology and discretionary sectors amid persistent tariff-related economic uncertainty.
58 Articles
58 Articles
China unveils stimulus ahead of US trade talks
The NewsChina announced a slate of stimulus measures Wednesday aimed at shoring up its economy ahead of trade talks with the US. The move to cut interest rates and lower banks’ cash reserve requirements marked the most significant dose of monetary easing since US President Donald Trump’s “Liberation Day” tariffs, and is designed to strengthen Beijing’s hand during negotiations with the US, Bloomberg reported. The planned talks in Switzerland thi…
Wall Street ‘smiles’ before Fed president’s statement on US economy
The main catalyst for the markets, this Wednesday, was the decision of monetary policy of the Federal Reserve, as well as the statements of its president, Jerome Powell, who emphasized that for now the economy is well positioned, so they will have to wait to have more accurate data to make some adjustment in the interest rates. This left as a result green slates inside the NYSE, where the increments were led by the Dow Jones with 0.70 percent, i…
Xi Fortifies China’s Economy Before Trade Talks
“President Xi Jinping’s government provided a jolt to China’s economy ahead of landmark trade talks with the US, with officials unveiling a range of policies designed to strengthen Beijing’s hand in negotiations,” Bloomberg reports.
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