June S&P 500 E-Mini futures (ESM25) are up +0.58%, and June Nasdaq 100 E-Mini futures (NQM25) are up +0.64% this morning as optimism around U.S.-China trade talks boosted sentiment.
U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer will head to Switzerland on Thursday for trade negotiations with China, led by Vice Premier He Lifeng, fueling optimism that tensions between the world’s two largest economies may be easing. The trip was disclosed in statements issued Tuesday by both the Chinese and U.S. governments. It will mark the first confirmed trade talks between the nations since U.S. President Donald Trump imposed steep tariffs of 145% on China, which were met with retaliatory duties of 125% from Beijing.
