Wall Street and Global Markets Stir Amid U.S.-China Trade Talks

Wall Street indices edged slightly upward as U.S. dollar gains were pared during London talks aimed at resolving trade disputes between the United States and China. The S&P 500 E-minis and Nasdaq 100 E-minis both exhibited subtle increases amid ongoing discussions centred around trade policies.

The MSCI world shares index reached a record high, although Europe's STOXX 600 faced pressure from aerospace and defense sectors. Key figures from Washington, including U.S. Treasury Secretary Scott Bessent, met with Chinese officials to deliberate on critical minerals crucial to both economies.

Increased momentum from these negotiations may offer a boost to markets at the week's start, despite prevailing uncertainties. Meanwhile, economic data from China showed slowed export growth, hinting at broader impacts of existing trade tensions, leading to varying performances in global markets.

(With inputs from agencies.)