President Trump’s softened stance on China trade relations sparked early market optimism. Investors now await key tech earnings and inflation data that could define this week’s trading trajectory.
Trade Tensions Ease as Presidential Rhetoric Shifts
Financial markets opened the week with cautious optimism as President Donald Trump reportedly softened his position on trade relations with China during a weekend television appearance. According to reports from Fox News‘ Sunday program, the President stated “I’m not looking to destroy China,” marking a notable shift from his August remarks about holding “incredible cards” against the economic power.