Xi Jinping
Xi-Trump meeting sparks optimism in China amid hope for lower tariffs and a ‘honeymoon’ in ties
Key Points The U.S. and Chinese presidents met Thursday in South Korea after months of escalating trade tensions. Many in China saw the meeting as positive, and looked forward to the U.S. lowering tariffs. “China-U.S. leaders’ Busan Summit” was the top trending hashtag on Weibo, a social media platform similar to X. Source
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CNBC Daily Open: All about Trump-Xi, Fed cuts and Big Tech earnings
The Google corporate office at The Hub building in Warsaw, Poland on Sept. 16th, 2025. Beata Zawrze | Nurphoto | Getty Images The news cycle barely stopped to breathe today. First, Trump meets Xi. U.S. President Donald Trump met Chinese leader Xi Jinping in South Korea on Thursday, during which he struck a 1-year rare […]
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CNBC Daily Open: Capex is the number to look at amid Big Tech earnings
Signage at Google headquarters in Mountain View, California, US, on Thursday, Oct. 23, 2025. Benjamin Fanjoy | Bloomberg | Getty Images The news is coming in fast and thick. Strap in. First, interest rates. The U.S. Federal Reserve lowered rates by 25 basis points, as expected by traders. But Chair Jerome Powell cautioned that another […]
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Trump-Xi meeting nears with high stakes and hopes, but few details
Chinese President Xi Jinping and U.S. President Donald Trump Sergey Bobylev | Kent Nishimura | Reuters A high-stakes meeting between President Donald Trump and Chinese President Xi Jinping could yield a breakthrough in the quarrelsome trade relationship between the two economic superpowers. But while both the Trump administration and Beijing are projecting optimism ahead of […]
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10-year Treasury yield surges back above 4% after Powell says December rate cut far from certain
Treasury yields gained even after the Federal Reserve cut rates for a second time this year as central bank chief Jerome Powell indicated another easing in December was far from certain. The benchmark 10-year Treasury yield was 7 basis points higher at 4.054%. The 2-year Treasury note yield added 9 basis points to 3.582%. The 30-year bond yield rose 5 basis points […]
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Nvidia hits $5T market cap without big China sales. Jim Cramer says that could change
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. The S & P 500 and Nasdaq reached record intra-day highs again Wednesday, supported by strength in megacap tech. Club holding Nvidia is leading the pack. “The markets are […]
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Trump ‘losing’ trade war with China going in to Xi meeting, Senate Democrats say in report
U.S. Sen. Elizabeth Warren (D-MA) during a Senate Finance Committee hearing in the Dirksen Senate Office Building on April 8, 2025 in Washington, DC. Kayla Bartkowski | Getty Images President Donald Trump is “losing a self-inflicted trade war” with China, leaving the United States with a “weak hand” going into his meeting with Chinese President […]
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European stocks tick higher; Luxury carmaker Mercedes up 5.7%, on pace for best trading day since 2022
Traders work, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 17, 2025. Brendan McDermid | Reuters LONDON — European stocks edged higher on Wednesday, with some stocks particularly […]
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Nvidia CEO Jensen Huang starts a key trip to South Korea — here’s what he might be up to
Nvidia CEO Jensen Huang delivers remarks next to U.S. President Donald Trump at an ‘Investing in America’ event in Washington, D.C., on April 30, 2025. Leah Millis | Reuters Nvidia CEO Jensen Huang is headed to South Korea, one of the company’s most important markets, ahead of meeting there between U.S. President Donald Trump and […]
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CNBC Daily Open: Rallies and tech ‘revolution’ — all powered by AI
OpenAI CEO Sam Altman (L) shakes hands with Microsoft Chief Technology Officer and Executive VP of Artificial Intelligence Kevin Scott during the Microsoft Build conference at the Seattle Convention Center Summit Building in Seattle, Washington, U.S., on May 21, 2024. Jason Redmond | Afp | Getty Images Investors can’t get enough of artificial intelligence, despite […]
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