Wall Street: US markets: Stocks with Greenland links soar
Falling oil prices are easing interest rate concerns on the financial markets. The highlight of the week is the meeting between US President Donald Trump and Chinese President Xi Jinping.
Global markets start the week on a cautiously optimistic note following a week of central bank decisions. The Dow Jones, S&P 500, and Nasdaq Composite all saw gains, with the latter two rising by 0.6% and 0.8% respectively. Oil prices fell by 2.8% due to reduced concerns over supply disruptions, with Saudi Arabia aiming to restore half of its damaged pipeline capacity within days.
US President Donald Trump expressed willingness to meet with Iranian President Masoud Pezeshkian, while Trump and China's Xi Jinping are set to meet this week for the first time since 2015.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
