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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
MarketsStocks

China Stocks Climb on Trade Deal Hopes

The Shanghai Composite rose 0.8% to around 3,980 while the Shenzhen Component gained 1.1% to 13,440 on Monday, with the former hitting fresh ten-year highs amid hopes for a trade breakthrough in the Trump-Xi meeting in South Korea this week. US and Chinese negotiators said they had reached consensus on key issues including export controls, fentanyl, and shipping levies after productive weekend talks in Malaysia. Sentiment was further boosted by data showing China’s industrial profits surged 21.6% year-on-year in September, the fastest pace since November 2023. Technology and AI-related stocks led the rally, with Eoptolink Technology, Zhongji Innolight, Victory Giant, Foxconn Industrial, and ZTE Corp advancing between 2.5% and 9.4%. High-growth clean energy and materials firms also gained, including Sungrow Power (1.1%), China Northern Rare Earth (2.5%), and Zijin Mining (3.2%).

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