Market Performance - The small-cap Russell 2000 has outperformed major indexes recently, leading for the 4th session in the last 5, with a gain of +0.48% [1] - The Dow increased by +192 points (+0.43%), the S&P 500 rose by +17 points (+0.27%), and the Nasdaq was up by +19 points (+0.09%) [1] - Over the past month, the Russell 2000 has gained +5%, while other major indexes have hovered around +4% [2] Company Earnings - Levi Strauss & Co. reported fiscal Q2 earnings of 22 cents per share, exceeding the estimated 14 cents, with revenues of $1.4 billion surpassing the projected $1.37 billion [4] - The gross margins for Levi Strauss hit a record +62.6% for the quarter, with Americas' comps up +5%, net revenues in Europe up +14%, and Asia flat [4] - Direct-to-Consumer sales increased by +11% in the quarter, contributing to a +7% jump in stock price following the earnings report [4] Economic Outlook - No significant economic reports or earnings reports are expected on the following Friday, with attention turning to the upcoming Consumer Price Index (CPI) data and Q2 earnings from major banks [5] - Major banks are anticipated to perform well, with assets under management at record highs and strong investment banking performance [6] - The CPI Inflation Rate was reported at a 12-month low of +2.3%, with core inflation at +2.8%, close to the Fed's optimal target of +2.0% [6]

May 11, 2025 09:00 PM GMT China Market-Wise | Asia Pacific M Idea How China Market Dynamics May Shift as Trade Talks Kick Off Investors at our China BEST Conference confirmed rising interest and willingness to allocate towards China. More measured macro and earnings drag from tariffs than peers and low positioning point to a better chance of inflow upside than downside. Expect US-China trade talks to be prolonged. New developments externally (trade talks) and domestically (PBOC & CSRC easing gestures) lead ...

May 11, 2025 09:00 PM GMT China Market-Wise | Asia Pacific M Idea How China Market Dynamics May Shift as Trade Talks Kick Off Investors at our China BEST Conference confirmed rising interest and willingness to allocate towards China. More measured macro and earnings drag from tariffs than peers and low positioning point to a better chance of inflow upside than downside. Expect US-China trade talks to be prolonged. New developments externally (trade talks) and domestically (PBOC & CSRC easing gestures) lead ...