Markets advanced last week with the S&P 500 up 0.7%, led by tech giants Amazon and Alphabet. A new U.S.-China trade deal, a Fed rate cut, and mixed earnings from the Magnificent 7 dominated headlines.
After months of escalating rhetoric, tariff hikes, and global economic uncertainty, the U.S. and China appear to have reached a tentative trade agreement — or at least, the beginnings of one.