Sunday’s news from administration officials that the U.S. was on track for a trade deal with China, after negotiators hammered out a framework for one over the weekend, is a bullish sign for the markets and tech stocks in particular, according to Wedbush tech analyst Dan Ives. After weeks of (mostly) escalating tit-or-tat between the two sides, Treasury Secretary Scott Bessent’s announcement and the prospect for more progress “would be a huge groundbreaking moment for the tech sector and markets,” Ives said in a note Sunday. “This continues to be a lingering overhang on tech stocks that could be removed as the far reaching impact around the AI Revolution from chip production, Nvidia/AMD sales into China, software IP complexity, TikTok, and rare earth restrictions are all on the table.”
Continue Reading
View Comments
U.S.-China Trade Deal Framework a Bullish Sign for Stocks: Ives
Published 2 weeks ago
Oct 26, 2025 at 9:14 PM
Neutral
Auto