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Benzinga

Business

Piero Cingari

Trump And Xi Found A Trade Truce—But Wall Street Wanted More

Donald Trump Xi Jinping China South Korea TikTok

Trump, Xi meet at APEC

Markets barely flinched after President Donald Trump's high-profile meeting with Chinese leader Xi Jinping in South Korea, as investors found little substance in the much-hyped U.S.-China trade truce that largely echoed prior leaks and delivered few surprises.

A cocktail of mixed earnings, hawkish remarks from Fed Chair Jerome Powell, and a less-than-exceptional Trump-Xi meeting dragged tech and global markets lower on Thursday.

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