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Global markets showed a mixed reaction on Thursday despite a high-profile meeting between U.S. President Donald Trump and China’s President Xi Jinping. The MSCI Asia-Pacific index slid 0.5% after earlier gains, while U.S. S&P 500 futures dipped 0.1%. Investors were unsettled by the lack of detailed follow-through on the tariff and trade deal, even as…
U.S. bond investors are reducing their holdings in longer-dated Treasuries as the Federal Reserve prepares to cut interest rates. Reuters Typically, investors buy longer-term bonds when the Fed eases rates. Instead, many are trimming those bets now, believing the economy may land softly without a deep downturn. Reuters The Fed’s policy-setting body, the Federal Open…
Wall Street futures climbed to record highs early Monday as investors grew optimistic about a trade truce between the U.S. and China and looked ahead to heavy tech company earnings. Pre-market data showed the Dow E-mini rose about 0.54%, the S&P 500 E-mini up roughly 0.74%, and the Nasdaq 100 futures jumped 1.04%. The optimism…
