The S&P 500 (SPX) secured another intraday all-time high of 6,617.01 on Monday following positive developments from the fourth round of U.S.-China trade talks led by U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng.
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Forget margin or options. Here's how the pros trade QQQTrump said on Monday that the negotiations were advancing “very well,” adding that he would speak with Chinese President Xi Jinping on Friday.
Trump and Xi to Discuss TikTok and Tariffs
Further details concerning the conversation are still unclear, although the two leaders will discuss a framework for a TikTok deal that was reached during the talks. A tariff pause extension and the flow of fentanyl will also be closely watched topics.
TikTok is set to be banned in the U.S. on September 17, although U.S. Trade Representative Jamieson Greer noted that the deadline could be extended in order to sign a deal with China.
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