Stocks Rise as US-China Tensions Ease: Market Update

Global Markets Rebound: US-China Tensions Ease, Nikkei Soars, But Banking Risks Linger! Stocks jumped on hopes of thawing US-China relations and receding banking fears, sending gold tumbling and the Nikkei to record highs amid potential Japanese stimulus. But, a top economist warns of looming dollar funding risks for European banks, while the Fed eyes potential rate cuts. Is this rally sustainable, or is caution still warranted?The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.