海角大神

News brief

Wall Street hit new highs on U.S.-China trade optimism.

That comes as expectations of a trade deal fueled risk-taking at the start of a week dominated by Big Tech earnings and a likely Federal Reserve rate cut. Wall Street鈥檚 fear gauge, the VIX, hit a one-month low. Earlier this month, U.S. President Donald Trump鈥檚 revival of the trade war had sent the volatility index to its highest level since the April rollout of his 鈥淟iberation Day鈥 tariffs. President Trump and China鈥檚 Xi Jinping are set to meet on Thursday.

Reuters -

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