Investor reaction to U.S.-China progress in trade talks

Reuters

Updated Sun, May 11, 2025, 12:47 PM 2 min read

NEW YORK (Reuters) -U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer said connected Sunday they reached a woody with China to chopped the U.S. commercialized deficit, describing "substantial progress" successful high-stakes talks with Chinese officials but offering nary details arsenic 2 days of negotiations concluded successful Geneva.

ERIC KUBY, CHIEF INVESTMENT OFFICER, NORTH STAR INVESTMENT MANAGEMENT CORP., CHICAGO:

"This is simply a measurement successful the close direction, showing that some sides are funny successful coming to a constructive decision and make a amended commercialized relationship. The details are rather sketchy, but I deliberation the absorption sounds to beryllium much cooperative alternatively than combative, and I deliberation that we person to presumption that arsenic a positive.

"There were a assortment of imaginable outcomes of this weekend's meetings, ranging from some sides walking retired and pointing the digit astatine the different broadside to announcing that the other tariffs person been taken disconnected the table. What we got present was thing much successful the middle, but much towards the affirmative side. So I deliberation this is simply a measurement successful the close direction. It is not apt to trigger a melodramatic marketplace rally, but it's surely besides not going to make immoderate selling pressure."

GENNADIY GOLDBERG, HEAD OF US RATES STRATEGY, TD SECURITIES, NEW YORK:

"Markets whitethorn beryllium encouraged by immoderate statement connected a deal, but it volition stay contingent connected further details being released. Recent terms enactment suggests immoderate optimism astir a commercialized deal. If that turns retired to beryllium the case, pricing volition person been justified. The hazard is if the woody is little important than expected. Then the marketplace mightiness travel distant disappointed."

JAMIE COX MANAGING PARTNER, HARRIS FINANCIAL GROUP, RICHMOND VIRGINIA:

“The medication downplayed the talks heading into the weekend, truthful the important advancement connection volition nonstop markets zooming connected a Monday. The 1 caveat to consider, however, is that the President could propulsion acold h2o connected the talks if helium thinks China is getting disconnected easy.”

DAVID WAGNER, HEAD OF EQUITIES AT APTUS CAPITAL ADVISORS LLC IN FAIRHOPE, ALABAMA:

"There’s been a batch of optimism starting to beryllium priced into the marketplace already, but affirmative sentiment astir the contented should proceed to substance a marketplace recovery."

(By Reuters Staff)