Stocks rise further on growing trade deal hopes

Legit | 08-05-2025 02:49pm |

Asian stocks extended their rally Thursday on hopes for an easing of trade war tensions as China and the United States prepare for weekend talks and after Donald Trump flagged a "major trade deal" later in the day. Meanwhile, Trump posted on his Truth Social platform that he would announce "a major trade deal with representatives of a big, and highly respected, country" later Thursday.

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