Stocks rose on Thursday following the announcement of a trade agreement between the U.S. and U.K., as investors eagerly await more details from President Trump amidst ongoing tariff negotiations.
Global markets rallied after China indicated a willingness to discuss U.S. tariffs with President Trump's administration. Major indices reported gains, boosting investor optimism amidst economic uncertainties.
In a sharp rebuttal, China denies President Trump's claims of active tariff negotiations, asserting that any progress is as elusive as 'catching the wind.' Despite Trump's optimism, tensions remain high as China calls for mutual respect in trade talks.
After a week of turmoil triggered by President Trump's trade war, global stock markets are experiencing a significant rebound. Major indexes like the S&P 500 and Dow Jones are seeing substantial gains as investors remain hopeful for negotiations.
US stocks saw extreme volatility as traders reacted to rumors about potential tariff negotiations. Despite a brief surge, the market plummeted again as fears of a trade war escalate.
The White House was poised to announce a TikTok deal when China insisted on tariff discussions first, derailing negotiations and extending the ban deadline.