Dow Jones Flat Amid U.S.-China Trade Talks; Trump-Xi Call Looms

The Dow Jones Industrial Average (DJIA) showed minimal movement as markets digested developments from the fourth round of U.S.-China trade negotiations. President Trump's announcement of an upcoming call with Chinese President Xi Jinping on Friday has traders cautiously optimistic, though the index remains slightly in negative territory.

Key points of discussion will likely include the impending November 10 expiration of the 90-day tariff pause, with Treasury Secretary Scott Bessent suggesting another extension may be forthcoming. The TikTok framework agreement also features prominently in negotiations, with potential for extending the September 17 ban deadline to finalize terms.

Meanwhile, Trump's proposal to shift public companies to biannual earnings reporting has sparked debate. The administration argues this WOULD reduce costs and improve operational focus, though market traditionalists remain skeptical of such a fundamental change to corporate disclosure practices.