S&P may hit record on positive U.S.-China talks: Analysts

Trade negotiators in the United States and China met in London, and discussions are expected to continue on Tuesday, a source familiar with the situation said Megan Casella de CNBC.

It seems that China’s damping to soften its export boundaries for rare land is at the top of the American agenda, according to a CNBC interview With the American director of the National Economic Council Kevin Hassett. If China’s actions at the end of last week – when they have apparently given concessions from Western car manufacturers concerning these minerals – are an indication, Beijing could be willing to access the request.

The second world economy required reciprocity. June 2, Beijing bristling At the tighter grip of Washington flea design software exports to China. It is a good thing, then that Washington also seems to be in a mood for conciliation. “Our expectation is that … Immediately after the handshake, all the export controls in the United States will be relaxed,” said Hassett on CNBC “Squawk box“Indeed, Trump would have authorized the team of the secretary of the Treasury Scott to be lifting these borders, according to The Wall Street JournalAnd described the reception “good reports“Of the American contingent.

If the American-Chinese talks go well, there is a chance that the S&P 500, only about 2% reduction on its February summit from Tuesday morning in Singapore, could reach a new peak, note The JPMorgan commercial office.

It would be something to encourage, of course. But it is slightly disappointing that the S&P could have continued to put the peaks on the scale from February, or at least its closure much earlier in the year, if not for a earthy commercial policy of the White House – which, as is obvious of the meeting between us and China, governments are still trying to undo.

American-Chinese discussions are ready to go to day 2
On Monday, American president Donald Trump met Chinese counterparts in London Resolve their commercial dispute – in particular with regard to mineral exports. Discussions are defined for continue on Tuesday. At the end of last week, in an apparent olive branch, China seemed to offer American and European car giants suspended on its exports of rare earth elements.

Markets go up around the world
American actions increased on Monday. THE S&P 500 added 0.09%, the Industrial average Dow Jones was mainly flat, and the Nasdaq Composite increased by 0.31%. Asian-Pacific markets increased on Tuesday. In South Korea Kospit The index increased by 0.38% at 1:30 p.m., Singapore time. Analysts of the Macquarie Group say they think that the country’s stock market will come together and enter a bull market to the “expansionist budgetary policy” of the new government.

A new look of “liquid glass” for iOS iOS from Apple
Apple held her Annual conference of world developers Monday. During the event, the company announced a overhaul to its iOS system called “Liquid Glass”, a virtual glass look inspired by the professional vision and the most important overhaul of its operating system since 2013. Investors were Demonstrates by announcements – which lacked developments on the AI ​​front – and sent shares down 1.2%.

United Kingdom in a moment “Goldilocks”: CEO of Nvidia
“”The United Kingdom is in a Goldilocks circumstance“” Nvidia CEO Jensen Huang said a panel on Monday with British Prime Minister Keir Starmer and the Minister of Investments Poppy Gustafsson. “You cannot do automatic learning without a machine – and therefore the possibility of building these IA superordinators here in the United Kingdom will naturally attract more startups,” said Huang, although he added that the country lacks AI infrastructure.

[PRO] New record for S&P soon?
The S&P 500 checked above on Monday and continues to get rid of the gap to a new record. The vast index is only 2% below its record fence in February. Several events in the coming days could prove to be the catalyst that vaults it above, according to the Jpmorgan Commercial office.

Local Café giants of China are preparing an American expansion

Chinese drinking channels redefine the cultivation of coffee in the country-and now they are trying to win customers in the United States and beyond.

Luckin Coffee, the largest coffee chain in China, has developed aggressively in China And exceeded Starbucks on the continent, with more than twice as many points of sale. After venturing into Singapore, Hong Kong and Malaysia, Luckin should take his biggest jump to this day with plans to open a branch in the Lower Manhattan.

“New York is probably culturally the best test field for an international brand to develop, in particular a Chinese,” said Danilo Gargiulo, principal analyst of Bernstein, citing the diversity of the city and the large base of young consumers. “But it is also the most saturated, one of the most competitive markets.”