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Trump says he expects a 'good deal' with China; S&P 500 nears record high
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Trump signals optimism before Xi meeting; S&P 500 nears record as trade tensions ease.
U.S. President Donald Trump stated he anticipates reaching a 'good deal' in his upcoming meeting with Chinese President Xi Jinping, signaling renewed optimism in trade relations. The S&P 500 closed just 20 points below its all-time high as investor sentiment strengthened. Analysts note this optimism could ease global tariff pressures and boost technology and manufacturing equities in the coming sessions.