Trump-Xi Summit Dominates Markets as AI Takes Center Stage
U.S. stock futures were mixed in overnight trading as President Donald Trump hosted Chinese President Xi Jinping at a White House state dinner attended by top American tech CEOs, including Jensen Huang of Nvidia and Mark Zuckerberg of Meta.
The Dow Jones Industrial Average is on track for its fourth straight weekly decline, while the S&P 500 and Nasdaq Composite are poised to end the week higher.
A key discussion point between Trump and Xi was AI development, with Xi stressing that it should remain 'under human control.'