From Investing.com: 2025-05-13 08:24:00

The US and China announced a reduction in tariffs, leading to a global equities rally amid hopes of reduced recession risk. Foreign stocks are outperforming US shares in 2025, with the Vanguard FTSE Developed Markets fund up 13.3% and US stocks down by 0.5%. Despite the positive news, trade risk remains uncertain due to President Trump’s unpredictable decisions. Analysts have lowered US recession odds, but the Fed is cautious and unlikely to cut rates soon. Rising Treasury yields could hinder US stock recovery, creating a challenging summer as the trade war continues to evolve.



Read more at Investing.com: US-China Trade Deal Lifts Markets, but Stocks Still Trail