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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
| Title | Published |
|---|---|
Inside India newsletter: Trump-Xi meeting could test Indiaâs positioning as China counterweight Inside India newsletter: Trump-Xi meeting could test Indiaâs 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 |
Inside India newsletter: Trump-Xi meeting could test Indiaâs positioning as China counterweight
Inside India newsletter: Trump-Xi meeting could test Indiaâs positioning as China counterweight
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
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
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
Mortgage rates jump to highest level since March on hotter inflation reports
Mortgage rates jump to highest level since March on hotter inflation reports
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
This semiconductor supply chain stock has doubled. Wall Street still loves it
This semiconductor supply chain stock has doubled. Wall Street still loves it