Chinese president Xi Jinping. Photo: Xie Huanchi/Xinhua via AP
Reuters
Wall Street’s main indexes notched record highs on Monday as expectations of a US-China trade deal fuelled risk-taking at the start of a week that will be dominated by Big Tech earnings and a likely Federal Reserve interest rate cut.
US president Donald Trump and China’s Xi Jinping are set to meet on Thursday to decide on the framework for a deal to pause steeper American tariffs and Chinese rare earths export controls.
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