Global Stocks Await Outcomes of US-China Trade Talks
Major stock indices show mixed performance as investors anticipate developments in trade negotiations.
Major stock indices in the United States exhibited stable performance on Tuesday as investors keenly awaited the outcomes of ongoing trade talks between the United States and China, aimed at resolving a trade dispute that has significantly impacted global markets this year.
The Dow Jones Industrial Average rose by 0.17%, the S&P 500 increased by 0.34%, and the Nasdaq Composite climbed by 0.24%.
In Europe, stocks closed with minimal change amid cautious trading as investors anticipated the results from the second day of US-China trade negotiations taking place in London.
The European Stoxx 600 index ended down by 0.02%, while the German DAX index decreased by 0.77%.
Conversely, the UK's Financial Times index increased by 0.24%, and the French CAC index saw a rise of 0.17%.
A spokesperson for the U.S. Department of the Treasury confirmed that the two-day meeting between the world's largest economies was still ongoing.
Meanwhile, another U.S. official indicated that direct talks between the two sides had concluded.
Although President Donald Trump made optimistic remarks about the discussions on Monday, which provided some hope for diffusing the ongoing trade conflict, the lack of substantial progress limited any significant upsurge in stock markets.
Any advancement in negotiations is expected to bolster market confidence, given the influence of Trump's unpredictable tariff policies and the disruption in U.S.-China relations on both economies, supply chains, and global growth forecasts.
Laura Cooper, head of macro credit at a leading investment firm, highlighted the uncertainty surrounding the potential nature of a final agreement.
She noted that until a substantive trade deal materializes, focus will remain on the impending end of a 90-day tariff suspension and the implications should an agreement not be reached.
In Tokyo, the Nikkei index continued its upward trend for the third consecutive session, bolstered by reports indicating that the Japanese government is considering the possibility of repurchasing long-term bonds to stabilize the market and contain rising yields.
The Nikkei closed with a 0.3% increase after earlier reaching a peak of 1.1% during the session.
The broader Topix index remained relatively unchanged.
The Dow Jones Industrial Average rose by 0.17%, the S&P 500 increased by 0.34%, and the Nasdaq Composite climbed by 0.24%.
In Europe, stocks closed with minimal change amid cautious trading as investors anticipated the results from the second day of US-China trade negotiations taking place in London.
The European Stoxx 600 index ended down by 0.02%, while the German DAX index decreased by 0.77%.
Conversely, the UK's Financial Times index increased by 0.24%, and the French CAC index saw a rise of 0.17%.
A spokesperson for the U.S. Department of the Treasury confirmed that the two-day meeting between the world's largest economies was still ongoing.
Meanwhile, another U.S. official indicated that direct talks between the two sides had concluded.
Although President Donald Trump made optimistic remarks about the discussions on Monday, which provided some hope for diffusing the ongoing trade conflict, the lack of substantial progress limited any significant upsurge in stock markets.
Any advancement in negotiations is expected to bolster market confidence, given the influence of Trump's unpredictable tariff policies and the disruption in U.S.-China relations on both economies, supply chains, and global growth forecasts.
Laura Cooper, head of macro credit at a leading investment firm, highlighted the uncertainty surrounding the potential nature of a final agreement.
She noted that until a substantive trade deal materializes, focus will remain on the impending end of a 90-day tariff suspension and the implications should an agreement not be reached.
In Tokyo, the Nikkei index continued its upward trend for the third consecutive session, bolstered by reports indicating that the Japanese government is considering the possibility of repurchasing long-term bonds to stabilize the market and contain rising yields.
The Nikkei closed with a 0.3% increase after earlier reaching a peak of 1.1% during the session.
The broader Topix index remained relatively unchanged.
Translation:
Translated by AI
