European stocks are expected to open higher after progress in US-China trade talks. An agreement framework includes China easing rare earth export restrictions and buying US soybeans in exchange for no additional tariffs. Trump raised tariffs on Canada by 10% and expects a Brazil trade deal soon. The Fed is anticipated to lower interest rates by another quarter point at their meeting this week. Tech giants like Meta, Microsoft, and Alphabet report earnings this week. US stocks hit record highs on Friday, with the Dow up 1% and Nasdaq up 1.2%. European stocks closed higher on Friday as well.

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