Stocks hit record highs over hopes of China trade deal
NBC News·2025-10-27 23:18

Garrett Hake is in Japan for us tonight. And Garrett, expectations for that meeting have already sparked a rally setting new highs on Wall Street. Yeah, that's right, Tom.The Dow, S&P 500, and NASDAQ all hitting record highs today, driven by optimism that President Trump and China's President Xi will strike a deal on tariffs and trade when they meet on Thursday. American and Chinese negotiators have both spoken positively about a framework agreement that could involve lower tariffs and more Chinese purchasi ...