Overview: News that the US tariff escalation did not scupper trade talks with China has helped the global capital markets stabilize today. China's Vice Premier Liu is still leading a delegation to the US. Most Asian equities recouped part of yesterday's losses, including China, Hong Kong, Taiwan, Australia, and Singapore. Japanese and Korean markets were closed on Monday and bore some selling pressure today. European markets are mixed, leaving the Dow Jones Stoxx 600 little changed through the European morning.
The S&P 500, which trended higher after gapping lower at the open, is trading around