Global stock markets rose sharply after reports that US and Chinese negotiators in Geneva had made progress on a tentative trade framework. The agreement, if finalized, could ease tensions over tariffs and technology exports that have weighed on investors for months.

Wall Street opened higher, while major Asian indexes also advanced as traders responded to signs of a possible de-escalation between the world’s two largest economies. The rally reflected hopes that a limited deal could reduce uncertainty for manufacturers, exporters, and tech firms tied to cross-border supply chains.

Officials have not yet released the full terms of any agreement, and details remain limited. Markets are likely to remain sensitive to further statements from both governments, especially on how any deal would handle long-running disputes over trade barriers, technology controls, and market access.

For now, investors are treating the latest breakthrough as a constructive step, even as analysts caution that talks between Washington and Beijing have repeatedly produced partial progress without a lasting settlement.

Wall street gains

Markets rally as US and China move toward tentative trade agreement