US and China trade talks resumed in London on Tuesday and the development could prove beneficial to leading stocks. Treasury Secretary Scott Bessent said that they had a “good meeting” and commerce secretary Howard Lutnick called the discussions “fruitful”. Top officials from both sides are negotiating trade deals that benefit their respective economies. The stock market and the US dollar are expected to boom if the trade deals go through.
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Officials from China and the US are negotiating deals looking for a breakthrough in talks today. Leading US stocks could surge if the deal goes through making the markets turn bullish. In this article, we will highlight the top stocks to watch out for today if the US and China trade talks find a breakthrough.
Top Stocks to Watch If US & China Trade Deals Goes Through
- Nvidia (NVDA)
Nvidia is among the top stocks to watch out for today during the US and China trade talks. The GPU wars are heating up with China powering its own technology to compete with the tech giant. NVDA could surge in value if the talks go through as the firm had also been under pressure after the trade wars heated up.
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- Apple (AAPL)
Apple is also among the top stocks that was hit and the US and China talks could make it bullish. The production plant in China had to be moved to India leading to confusion in the trade sector. If the talks find a breakthrough, AAPL could benefit by making prices rise in value.
- Amazon (AMZN)
E-commerce stocks like Amazon now depend on the US and China talks to succeed. AMZN is closely linked to tariffs as it controls the vast sector of goods entering the country. “While we await any concrete news, it’s worth remembering that markets have been used to a lot of back-and-forth in recent weeks,” said Jim Reid of Deutsche Bank.
