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Latest financial news from across the markets

Daily Market Overview

Asia-Pacific stocks are trading mixed as traders anticipate high-stakes talks between Trump and Xi in Beijing, with expectations of a potential tariff truce. In the U.S., S&P 500 futures remain little changed following a tech-driven rally that pushed the index to a new record. Meanwhile, mortgage rates have surged to their highest level since March, influenced by rising inflation reports. Notably, Cisco's stock jumped 17% on strong AI orders, despite the company announcing job cuts, highlighting the ongoing impact of AI on various sectors.

Latest Market Updates

Inside India newsletter: Trump-Xi meeting could test India’s positioning as China counterweight

Inside India newsletter: Trump-Xi meeting could test India’s positioning as China counterweight

less than a minute ago

In photos: Trump lands in Beijing, ahead of high-stakes summit with Xi

In photos: Trump lands in Beijing, ahead of high-stakes summit with Xi

less than a minute ago

Asia-Pacific stocks trade mixed as Trump lands in Beijing for high-stakes Xi meeting

Asia-Pacific stocks trade mixed as Trump lands in Beijing for high-stakes Xi meeting

less than a minute ago

Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami

Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami

less than a minute ago

Mortgage rates jump to highest level since March on hotter inflation reports

Mortgage rates jump to highest level since March on hotter inflation reports

less than a minute ago

This stock is our favorite way to hedge against the pickup in inflation

This stock is our favorite way to hedge against the pickup in inflation

less than a minute ago

This semiconductor supply chain stock has doubled. Wall Street still loves it

This semiconductor supply chain stock has doubled. Wall Street still loves it

less than a minute ago