US and China agree on plan to ease export controls
Digest more
Top News
Overview
Impacts
Bessent says US may 'roll date forward' for some
Digest more
US stocks closed higher as investors wait for news from another day of China-US trade talks in London. Key inflation data are also ahead.
Asian shares are mostly higher as investors keep an eye on China-U.S. trade talks that might help stave off a recession.
Major stock markets in the Gulf rose in early trade on Wednesday in line with Asian shares, on signs of progress in trade talks between the U.S. and China.
Donald Trump has said the US and China’s deal to restore their trade war truce is “done” after two days of marathon negotiations in London. In a post on his Truth Social network on Wednesday the US President hailed a breakthrough reached in bilateral talks in London late the night before.
Explore more
The European Union believes trade negotiations with the US to extend beyond President Donald Trump’s July 9 deadline, even as the speed of the talks has increased over the past week.
The CPI gives the latest update on consumer inflation, President Trump’s trade team is back from talks with China and Tesla CEO Elon Musk sets the stage for the debut of the long awaited robotaxis. FOX Business is providing real-time updates on the markets,
The dollar slipped against all major currencies on Monday, as exuberance over a better than feared U.S. employment report gave way to caution ahead of pivotal U.S.-China trade talks set to take place in London later in the day.