Nasdaq hits record high ahead of Trump-Xi meeting
U.S. stocks rose Tuesday; the Nasdaq Composite reached a fresh record high as investors awaited developments in upcoming U.S.-China talks, including Trump-Xi.
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Global Markets: Nasdaq hits record high, oil slips, yields fall
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.