00:00 Speaker A
A possible trade truce with China. Treasury Secretary Scott Besson saying there is a quote, very successful framework for a deal.
00:09 Speaker A
That’s ahead of President Trump’s meeting with Chinese President Xi Jin Ping on Thursday.
00:15 Speaker A
Some of the key issues in focus, soybeans, rare earth minerals, tariffs, and fentanyl.
00:23 Speaker A
Futures have been rallying on the news and all three major indices are set to open at fresh records.
00:28 Speaker A
Plus, it’s big tech’s big week. Five of the magnificent seven stocks are set to report. We’re talking about Meta, Microsoft, Alphabet, Amazon and Apple.
00:36 Speaker A
They’re all on deck and investors will be waiting to see if those companies will be able to deliver results that meet the high expectations that have driven the AI boom on Wall Street.
00:46 Speaker A
Plus, we’re counting down to the Federal Reserve rate decision.
00:51 Speaker A
The Central Bank widely expected to cut interest rates again on Wednesday, but with government data now at a standstill, questions are rising about the Fed’s next possible moves.
01:02 Speaker A
This all coming as Secretary Besson says the race for the next Fed chair has been narrowed to the final five candidates.
