S&P 500 futures ticked up 0.2% on September 20 as investors awaited a high-level diplomatic meeting between China’s Vice Premier He Lifeng and US Treasury Secretary Scott Bessent. The talks covered tariffs, technology export controls, and the broader framework of economic cooperation between the world’s two largest economies. The meeting served as a precursor to a broader leaders’ summit expected later in the week of September 21, raising the stakes considerably. The dollar held steady against both the Japanese yen and the Chinese yuan, while the Federal Reserve’s recent rate hikes added further complexity to market conditions.
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