Global Markets Surge as U.S.-China Tariff Talks Expected

Investor sentiment surged as hints from Trump's chief economic adviser, Stephen Miran, suggested that the U.S. may lower tariffs on China within weeks, fueling hopes of a de-escalation in the trade war. This optimism was reflected in both traditional and crypto markets, with major indices and Bitcoin seeing notable gains. Beijing confirmed it is evaluating an offer from Washington for talks on tariffs, further bolstering confidence. Positive April employment data, showing robust job growth and stable unemployment, provided additional reassurance of economic resilience. However, while technology stocks broadly gained, companies like Apple faced pressure due to ongoing tariff-related cost concerns. The mixed results across sectors highlight both the opportunities and complexities facing markets amid shifting trade policies.