Global Stocks Surge Amid Trump-Xi Meeting Plans in South Korea

President Trump plans to meet with Chinese President Xi Jinping in South Korea during the Asia-Pacific Economic Cooperation summit, which has sparked optimism in global financial markets despite ongoing tensions and tough stances from China. While experts predict any deal is likely to be narrow due to mutual confidence and political challenges, the potential meeting has already led to a significant rally in U.S. stock indexes, with the Dow Jones, S&P 500, and Nasdaq all posting substantial gains. The recent U.S.-China trade agreement, including tariff rollbacks and commitments on agricultural imports and semiconductor exports, has further boosted investor confidence and global markets. Chinese equities have experienced some recent losses but remain influenced by the prospects of improved U.S.-China relations. Market optimism is also supported by expectations of an end to the U.S. government shutdown and positive corporate earnings, highlighted by gains in tech stocks such as Apple. Overall, while uncertainties remain, the anticipated Trump-Xi talks and the new trade deal are seen as easing global economic tensions and encouraging investment worldwide.