Stocks and dollar up on hope of U.S.-China trade deal despite lack of details

Wall Street stock futures climbed and the dollar firmed against safe haven peers on Monday as signs of progress in U.S.-China trade talks boosted hopes a global recession might be avoided.

May 12, 2025 - 13:16
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Stocks and dollar up on hope of U.S.-China trade deal despite lack of details
Wall Street stock futures climbed and the dollar firmed against safe haven peers on Monday as signs of progress in U.S.-China trade talks boosted hopes a global recession might be avoided.