Global Stocks Open Higher as Trump-Xi Summit Begins With Iran Stalemate in Background
European stocks opened higher on Wednesday as Donald Trump's high-stakes summit with Xi Jinping got under way in Beijing, with oil prices easing despite the fragile US-Iran ceasefire. Latin American markets pointed to a more cautious open ahead of the US session.
European equities opened higher on Wednesday as investors tracked President Donald Trump's high-stakes summit with Chinese President Xi Jinping in Beijing. The STOXX 600 was in positive territory at the open and London's FTSE 100 nudged up, while oil prices eased despite the fragile US-Iran ceasefire.
The US delegation in Beijing includes corporate heavyweights such as Nvidia chief executive Jensen Huang and Tesla's Elon Musk. Markets are watching for any concrete trade or semiconductor announcements and for signals on the broader tariff standoff between the world's two largest economies.
Latin American futures pointed to a more cautious start, with Brazil's Bovespa and Mexico's S&P/BMV IPC indicated lower ahead of the US session. Regional currencies traded in narrow ranges against the dollar; analysts said commodity exporters such as Brazil and Chile remain exposed to any renewed escalation in the Iran crisis.
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