We are all farmers hoping for the end of the U.S.-China trade war

Even the possibility of a US-China trade deal is enough to send global markets soaring.

On Monday in the USA, S&P 500, Dow Jones Industrial Average And Nasdaq Composite It closed at record levels, just like in Japan Nikkei 225 and South Korea kospi during Asian trading hours. European stocks also rose Stoxx 600 It was just an inch away from its all-time high.

And this was before an agreement was officially signed.

“Most of the predictions for technology have happened without the benefit of China, so when you add China back into the equation, that’s probably going to be pretty optimistic for the markets,” Sam Stovall, chief investment strategist at CFRA Research, told CNBC.

For example, Nvidia gave a forecast for the current quarter that excludes H20 shipments to China — a reminder of how trade restrictions are complicating the outlook for U.S. tech giants.

A formal US-China agreement that would clarify and perhaps loosen trade parameters could cause Big Tech companies to raise their guidance, potentially sparking another wave of acquisitions in a market already dominated by tech heavyweights.

Beyond silicon and software, soybeans are coming into play again. Reports suggest China may ease its unofficial boycott of US soybeans as part of the deal – a small but symbolic concession. This would be a step towards easing Scott Bessent’s pain because he is not only the US Treasury Secretary but also, as he put it in a televised interview, “a soybean farmer.”

While Bessent may have meant that he literally owns soybean farmland in the vast trade war between China and the United States, trade tensions have made daily life harder for most of us, turning us all into reluctant farmers in one way or another. If a ceasefire is achieved, it might allow everyone to regain some peace.

Trump suggests a deal with China is close. Speaking aboard Air Force One on Monday, Trump said he and Chinese President Xi Jinping “The US president also signaled on Thursday that a TikTok deal could be coming.

Amazon is preparing to announce the largest layoffs in its history. According to a source familiar with the matter, the cuts, which will affect almost every department, will begin on Tuesday. Up to 30,000 employees will be affected Reuters reported.

Tesla may lose Musk if his salary is not approved. Accordingly Tesla’s Chairman Robyn Denholm warned that Musk’s continued position as CEO depends on his $1 trillion pay package being voted on by the board.

Records were broken for US stocks. Three major US indices and Russell 2000 It closed higher on Monday at an all-time high, with the S&P 500 closing above 6,800 for the first time. The pan-European Stoxx 600 gained 0.22% amid a broader rally in global stocks.

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