U.S. Stocks Rise Amid Trade Talks; Tesla Rebounds on Robotaxi News
U.S. equity markets edged higher as Optimism around U.S.-China trade negotiations buoyed investor sentiment. The Dow Jones Industrial Average gained 0.26%, while the S&P 500 and Nasdaq Composite rose 0.41% and 0.38% respectively. Talks in London focused on Chinese rare earth mineral exports and semiconductor access, with China signaling limited concessions.
Tesla shares surged 3.25% as tensions between CEO Elon Musk and President TRUMP eased. The electric vehicle maker''s recovery was further supported by its autonomous taxi platform announcement. Meanwhile, parallel trade discussions between the U.S. and India showed progress on industrial and agricultural goods.