Stocks Rise as US, China Hail Positive Talks Ahead of Trump-Xi Summit
Global stocks rally as markets look ahead to President Xi Jinping's visit to Washington later in the week. US Treasury Secretary Scott Bessent and China's top trade negotiators tout positive...
By Bloomberg Markets · Bloomberg Markets
Global stocks rally as markets look ahead to President Xi Jinping's visit to Washington later in the week. US Treasury Secretary Scott Bessent and China's top trade negotiators tout positive talks around AI, trade and investment over the weekend. Oil extends its decline for a fourth consecutive day, while US retail diesel prices top $6.50 a gallon for the first time. Mark McCormick of BMO Capital Markets joins "Bloomberg Brief" to discuss the Fed's rate path and financial conditions ahead of a slew of Fedspeak this week. (Source: Bloomberg)