Xi-Trump meeting sparks optimism in China amid hope for lower tariffs and a ‘honeymoon’ in ties

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

Stocks making the biggest moves midday: Cigna, FormFactor, Meta Platforms, Microsoft, Carvana & more
Finance

Stocks making the biggest moves midday: Cigna, FormFactor, Meta Platforms, Microsoft, Carvana & more

Check out the companies making the biggest moves midday: Cigna — Shares of the health insurance company after management said during an earnings call that it expects its pharmacy benefit services division to face margin pressure in the next few years. Cardinal Health — The drug and medical equipment distributor surged more than 12% on […]

Read More
Stocks making the biggest moves premarket: Alphabet, Microsoft, Meta Platforms, Eli Lilly, Merck & more
Finance

Stocks making the biggest moves premarket: Alphabet, Microsoft, Meta Platforms, Eli Lilly, Merck & more

Check out the companies making headlines before the bell: Alphabet — The search giant jumped more than 7% after strong results that were boosted by revenue from Google Cloud and YouTube advertising. Alphabet earned $3.10 per share, on an adjusted basis, more than the $2.33 per share expected by analysts polled by LSEG. Revenue of […]

Read More