Wall Street Heads for Gains Before the Bell as Trump and Xi Meet Eye Trump-Xi Summit
S&P futures rose 0.3% after Trump and Xi discussed expanding U.S.-China economic cooperation, while Cisco jumped 15% on strong third-quarter results.
- On Thursday, President Donald Trump and Jinping met at the Great Hall of the People in Beijing to discuss economic cooperation. Wall Street futures are poised to open with gains following Wednesday's record-setting session.
- Accompanying the President, top executives including Tesla's Elon Musk, Apple's Tim Cook, and Nvidia CEO Jensen Huang met with Chinese Premier Qiang Thursday afternoon. Investors are monitoring updates on China's imports of advanced H200 chips.
- Cisco Systems jumped 15% after reporting double-digit sales and profit growth, while Nvidia raised its 2026 revenue guidance to $4 million from $3 million. These results bolster optimism following Wednesday's record highs for the Nasdaq.
- Both sides agreed that the Strait of Hormuz must be reopened, as the International Energy Agency reported Wednesday that supply losses from the waterway are depleting global oil inventories at a record pace.
- Benchmark crude fell 16 cents to $100.86 per barrel, as oil prices remain stagnant with no clear ending to the Iran war. Markets in Europe climbed following positive Britain economic expansion data.
15 Articles
15 Articles
Pittsburgh Post-Gazette
Wall Street heads for gains before the bell as Trump and Xi meet
Wall Street is poised to open with gains Thursday following another record-setting day and developments emerging from U.S. President Donald Trump’s summit with...
SooLeader.com
Wall Street heads for gains before the bell as Trump and Xi meet eye Trump-Xi summit
Wall Street was poised to open with gains following another record-setting day and investors monitored developments coming from U.S. President Donald Trump’s summit with Chinese leader Xi Jinping in Beijing
The New York Stock Exchange opened up on Thursday, expecting progress for US companies and global trade thanks to the meeting in Beijing between Donald Trump and his Chinese counterpart Xi Jinping.
Wall Street indices are advancing after the meeting between Donald Trump and Xi Jinping, while oil remains stable. The crisis in the Strait of Ormuz and the rise in oil prices added pressure to the context of the negotiations
MARKET REVIEW. Toronto opened in decline on Thursday, at 0.021%, or just over 7 points. The post Bourse: Wall Street opens confidently thanks to the match between Trump and Xi Jinping appeared first on Les Affaires.
New York's markets began Thursday's green session, driven by the optimism generated by the high-level dialogue between US and Chinese presidents in Beijing. The Dow Jones index rose 0.73% from the first trade, while the S&P 500 won 0.23% and the Nasdaq recorded a [...] The Wall Street article bets on an economic embellishment after the Sino-American summit appeared first on Le Singulier.
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