Trade Talks Inject Uncertainty into U.S. Markets

Amid trade negotiations between the U.S. and China, Wall Street's indexes showed mixed results. The outcome of these talks, aimed at resolving tariff disputes, remains uncertain, affecting investor sentiment. Energy sectors saw modest gains, while consumer price data and the Federal Reserve's rate trajectory are keenly awaited.

On Tuesday, Wall Street exhibited a mixed performance as investors closely monitor the progress of trade talks between the United States and China. These discussions aim to ease the ongoing tariff tensions impacting global markets.

U.S. Commerce Secretary Howard Lutnick expressed optimism about the negotiations as both sides convened in London. However, skepticism persists following accusations from Washington that Beijing has obstructed critical sector exports.

With expectations riding on possible concessions, including loosening semiconductor export controls, market participants are cautiously optimistic. Meanwhile, energy stocks led a modest rally in major indexes, while forthcoming U.S. consumer prices data remains a focal point for investors, hoping for insight into the Federal Reserve's strategy.

(With inputs from agencies.)