BTCC
/
BTCC Square
/
Global Cryptocurrency
/
U.S.–China Trade Optimism Lifts Wall Street, Risk Appetite Returns
U.S.–China Trade Optimism Lifts Wall Street, Risk Appetite Returns
11
2
BTCCSquare news:
Dow Jones futures climbed 0.3% as renewed hopes for a U.S.-China trade detente buoyed market sentiment. S&P 500 and Nasdaq contracts followed suit, rising 0.4% and 0.5% respectively. President Trump's upbeat remarks on bilateral relations set the tone ahead of critical Treasury Secretary-level talks in Malaysia.
Last week's regional bank anxieties have given way to a broader risk-on rally. Tech and consumer stocks lead gains, with investors betting trade progress could stabilize supply chains and extend the late-year equity rally. The market's focus has pivoted decisively from financial sector worries to corporate earnings and geopolitical developments.
By:
