No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, October 3, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Dow futures and the dollar surge as Wall Street cheers U.S.-China tariff talks

by TheAdviserMagazine
5 months ago
in Business
Reading Time: 3 mins read
A A
Dow futures and the dollar surge as Wall Street cheers U.S.-China tariff talks
Share on FacebookShare on TwitterShare on LInkedIn



Financial markets gave their initial reaction to tariff talks between the U.S. and China over the weekend. While neither side announced anything about tariffs, the White House hinted at a deal to help address America’s global trade deficit, and China said a “mechanism” would be established for future discussions on trade and the economy.

Investors weighed in Sunday on the initial U.S.-China trade talks this weekend as both sides signaled progress without saying anything about tariffs.

Futures for the Dow Jones Industrial Average jumped 401 points, or 0.97%. S&P 500 futures leapt 1.15%, and Nasdaq futures surged 1.45%.

Dow futures lost a bit of juice after President Donald Trump posted on social media that he plans to sign an executive order to cut prescription drug prices, predicting they would come down by 30%-80%.

The dollar rallied 0.1% against the euro and 0.25% versus the yen. Gold, which has emerged as a preferred safe haven asset over the dollar, fell 2% to $3,273 per ounce.

The 10-year Treasury yield was up less than 1 basis point at 4.382%. U.S. oil prices rose 0.57% to $61.37 per barrel, and Brent crude edged up 0.49% to $64.22.

“I’m happy to report that we’ve made substantial progress between the United States and China in the very important trade talks,” Treasury Secretary Scott Bessent told reporters, adding that a full briefing with more specifics will come on Monday.

U.S. Trade Representative Jamieson Greer, who also participated in the negotiations with a Chinese delegation led by Vice Premier He Lifeng, suggested some sort of deal was made.

“Just remember why we’re here in the first place—the United States has a massive $1.2 trillion trade deficit, so the president declared a national emergency and imposed tariffs, and we’re confident that the deal we struck with our Chinese partners will help us to work toward resolving that national emergency,” he said.

Later, China’s He said the two countries agreed to create “a consultation mechanism” for future discussions on trade and economic issues, while citing progress in talks as well.

A comprehensive trade deal wasn’t expected this weekend, but the positive comments from the U.S. and China suggested that they at least de-escalated trade tensions, after President Donald Trump hit China with a 145% tariff and Beijing retaliated with a 125% duty.

For now, the result of the tariff talks appears to be “a broad framework under which the two nations can conduct further talks, with the aim of reaching a broader trade agreement,” according to Michael Brown, senior research strategist at Pepperstone.

“Not the worst case outcome that was possible from this weekend’s talks, far from it, but not a concrete deal either,” he wrote in a note.

As Wall Street looks ahead to more details on the tariff talks on Monday, key economic reports are also due in the coming week.

The Labor Department will publish its consumer price index on Tuesday and its producer price index on Thursday, providing more clues on inflation as tariffs began taking hold last month.

Reports for monthly retail sales and industrial production are also scheduled for Thursday. Several Federal Reserve officials will speak throughout the week, after the central bank kept rates steady last week and indicated it’s still in no hurry to adjust rates.

This story was originally featured on Fortune.com



Source link

Tags: cheersdollarDowFuturesStreetsurgetalksTariffU.S.ChinaWall
ShareTweetShare
Previous Post

It’s a Wrap: U.S.-China Talks End With Signs of Progress

Next Post

Stocks, dollar gain on US-China trade talks, detail needed

Related Posts

edit post
Earnings momentum, banks and discretionary consumption to drive market upside: Tushar Bohra

Earnings momentum, banks and discretionary consumption to drive market upside: Tushar Bohra

by TheAdviserMagazine
October 3, 2025
0

Markets may be on the verge of a turnaround as earnings momentum is set to accelerate, according to Tushar Bohra,...

edit post
Tesla vehicle sales made a comeback last quarter. Will a lost EV tax credit end the rebound?

Tesla vehicle sales made a comeback last quarter. Will a lost EV tax credit end the rebound?

by TheAdviserMagazine
October 3, 2025
0

During a rough week for electric-vehicle makers in the U.S., Tesla investors got at least one piece of good news...

edit post
Investor education key to counter get-rich-quick culture: Sunil Subramaniam

Investor education key to counter get-rich-quick culture: Sunil Subramaniam

by TheAdviserMagazine
October 3, 2025
0

A recent survey showing that 62% of retail investors follow advice from financial influencers has sparked a wider debate on...

edit post
Japan’s next leader may be its first woman or youngest in modern era

Japan’s next leader may be its first woman or youngest in modern era

by TheAdviserMagazine
October 2, 2025
0

Japan stands a good chance of having its first woman prime minister or its youngest leader in the modern era...

edit post
Upcoming LG India IPO nears valuation of South Korea parent

Upcoming LG India IPO nears valuation of South Korea parent

by TheAdviserMagazine
October 2, 2025
0

Mumbai: LG Electronics India's market value, as per the pricing of its upcoming initial public offering (IPO), is nearly on...

edit post
‘I don’t know why I need to go to college’: Ford CEO says his Gen Z son worked as a mechanic and wondered if the 4-year degree was still worth it

‘I don’t know why I need to go to college’: Ford CEO says his Gen Z son worked as a mechanic and wondered if the 4-year degree was still worth it

by TheAdviserMagazine
October 2, 2025
0

Ford CEO Jim Farley gathered a host of experts this week to discuss what he calls “the essential economy,” the...

Next Post
edit post
Stocks, dollar gain on US-China trade talks, detail needed

Stocks, dollar gain on US-China trade talks, detail needed

edit post
‘Size does not matter’: Bhutan’s tiny sovereign wealth fund banks on green energy and Bitcoin

‘Size does not matter’: Bhutan’s tiny sovereign wealth fund banks on green energy and Bitcoin

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
New Hires Fell To 16-Year Low In September

New Hires Fell To 16-Year Low In September

0
edit post
La Fondazione Ethereum svela la prossima fase della sua rivoluzione sulla privacy

La Fondazione Ethereum svela la prossima fase della sua rivoluzione sulla privacy

0
edit post
Prediction markets see government shutdown lasting nearly two weeks

Prediction markets see government shutdown lasting nearly two weeks

0
edit post
The Unexpected Expense of Upscale Senior Communities

The Unexpected Expense of Upscale Senior Communities

0
edit post
Earnings momentum, banks and discretionary consumption to drive market upside: Tushar Bohra

Earnings momentum, banks and discretionary consumption to drive market upside: Tushar Bohra

0
edit post
Tesla vehicle sales made a comeback last quarter. Will a lost EV tax credit end the rebound?

Tesla vehicle sales made a comeback last quarter. Will a lost EV tax credit end the rebound?

0
edit post
La Fondazione Ethereum svela la prossima fase della sua rivoluzione sulla privacy

La Fondazione Ethereum svela la prossima fase della sua rivoluzione sulla privacy

October 3, 2025
edit post
Earnings momentum, banks and discretionary consumption to drive market upside: Tushar Bohra

Earnings momentum, banks and discretionary consumption to drive market upside: Tushar Bohra

October 3, 2025
edit post
Tesla vehicle sales made a comeback last quarter. Will a lost EV tax credit end the rebound?

Tesla vehicle sales made a comeback last quarter. Will a lost EV tax credit end the rebound?

October 3, 2025
edit post
Investor education key to counter get-rich-quick culture: Sunil Subramaniam

Investor education key to counter get-rich-quick culture: Sunil Subramaniam

October 3, 2025
edit post
BNB Leads Crypto Market Rally With Fresh All-Time High, Expert Sees 00 Upside

BNB Leads Crypto Market Rally With Fresh All-Time High, Expert Sees $5000 Upside

October 3, 2025
edit post
New Hires Fell To 16-Year Low In September

New Hires Fell To 16-Year Low In September

October 3, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • La Fondazione Ethereum svela la prossima fase della sua rivoluzione sulla privacy
  • Earnings momentum, banks and discretionary consumption to drive market upside: Tushar Bohra
  • Tesla vehicle sales made a comeback last quarter. Will a lost EV tax credit end the rebound?
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.