U.S.-China Trade

Anticipation of a U.S.-China trade agreement is fueling market optimism, with major U.S. stock indexes reaching record highs. A deal could boost tech and agriculture sectors, potentially revising earnings guidance. However, trade tensions previously restricted growth, as Nvidia’s guidance shows. Beyond trade, possible Amazon layoffs, HSBC’s earnings, and Fed rate cut expectations are also impacting markets. Saudi Arabia is diversifying its economy, heavily investing in AI and data centers. President Trump indicated a trade deal with China is near.