Risk-on Still on Ahead of the FOMC Meeting on Tik Tok "Framework Deal"
From Fed intrigue to TikTok deals, investors chase risk; Tech rallies; and gold glitters
Key Takeaways
Tech Stocks Climb on Trump-Xi Deal Hopes: The Tech space was given an extra bid today by the U.S.-China “framework” agreement on the future of U.S. operations in TikTok — ahead of Friday’s widely anticipated meeting between Donald Trump and Xi Jinping (markets are salivating over the prospect of more “deals”).
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