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Stocks hit record, dollar slips on US-China trade optimism
Yahoo Finance·2025-10-28 02:42

By Chuck Mikolajczak NEW YORK (Reuters) -Global stocks rallied on Monday to a fresh intraday record while the dollar eased on optimism that a potential trade deal was on the horizon between China and the U.S., as investors awaited a slew of central bank policy announcements and earnings from several megacap companies. Top Chinese and U.S. economic officials on Sunday hammered out the framework of a trade deal for U.S. President Donald Trump and Chinese counterpart Xi Jinping to decide on at a meeting in ...