U.S.—China trade talk news boosts markets, but investors are really waiting for Fed Chair Powell to speak

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U.S.—China trade talk news boosts markets, but investors are really waiting for Fed Chair Powell to speak

fortune.com/article/us-china-trade-talk-markets-investors-fed-chair-powell-to-speak

The S&P 500 sank 0.8% yesterday, taking it down 4.7% YTD, while S&P futures were up 0.6% this morning, premarket. The U.S. government said Treasury Secretary Scott Bessent would travel to Switzerland to meet Chinese Vice Premier He Lifeng, Beijing’s lead economic representative.…

This story appeared on fortune.com, 2025-05-07 11:02:05.