China-U.S. Trade Talks Spark Market Rally as Tariff Uncertainty Eases

Global stock markets experienced a surge following news of China and the U.S. meeting for high-level trade talks in Switzerland. U.S. futures saw significant gains, while the Dow Jones, S&P 500, and Nasdaq all posted early gains of around 0.5% to 0.7%. Similar positive movement was seen across Asian markets, with Hong Kong, Japan, and South Korea recording higher closing prices. The optimism stems from investor hope for easing trade tensions between the two countries. President Trump’s recent tariff hikes on Chinese goods ignited global market jitters, while China responded with its own tariffs at 125%. The potential for dialogue has sparked cautious optimism.