Asian Stocks Rise 0.7% as US-China Talks Lift Hopes Before Trump-Xi Summit

1 articles · Updated · Bloomberg · Sep 21

MSCI’s Asia Pacific equities gauge climbed 0.7% after the US called its latest talks with China “very successful” ahead of a Trump-Xi summit later this week.
Technology shares led the move, with South Korea and Taiwan benchmarks—seen as AI-investment bellwethers—pushing regional markets higher; mainland Chinese stocks also advanced.
US risk appetite strengthened alongside Asia, with S&P 500 futures up 0.4% and Nasdaq 100 contracts gaining 0.7%.
Oil fell for a fourth straight day, adding to the broader market shift toward optimism as investors looked for signs of trade progress between the world’s two largest economies.