Market Sentiment Shift - The market sentiment has suddenly changed, with the FTSE China A50 index futures rising by 0.83% and significant gains in Hang Seng index futures and Hang Seng Tech index futures, both up over 2% [2][4] - U.S. stock indices also saw collective gains, with the Dow Jones up 0.34%, Nasdaq up 0.24%, and S&P 500 up 0.24% [4] - The VIX fear index dropped over 6%, indicating reduced market anxiety [2] Trade Tensions and Geopolitical Factors - Analysts noted that easing trade tensions have boosted market sentiment, with confidence expressed by White House officials regarding U.S.-China negotiations [2] - Comments from President Trump regarding trade policies have also contributed to a decrease in uncertainty surrounding tariffs [6] - Geopolitical tensions have eased, with potential meetings between U.S. and Russian leaders being discussed, further supporting market recovery [6][7] U.S. Banking Sector Recovery - The recent turmoil in the U.S. banking sector appears to be stabilizing, with regional bank stocks rebounding significantly after previous declines [9] - Zions Bancorporation's disclosure of loan provisions has raised concerns, but the market reaction has been described as somewhat exaggerated [10] - Major U.S. banks reported earnings exceeding Wall Street expectations, with a total profit of nearly $41 billion for the six largest banks, marking a 19% increase year-over-year [11]