The United States and China have been stalled in a tit-for-tat trade war. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamison Grier are scheduled to travel to Switzerland for initial talks with representatives from China this weekend.
Federal Reserve Chair Jerome Powell will deliver remarks following the central bank’s May FOMC meeting on Wednesday. It is expected that the Fed will leave interest rates unchanged despite pressure from President Trump to lower them.
Also, Disney shares are on the move this morning following a strong earnings report. The company exceeded Q2 expectations and raised its full-year guidance, citing strong performances from its theme parks and streaming business. To watch more Morning Brief videos, please visit:
https://finance.yahoo.com/videos/series/morning-brief/
#youtube #stocks #disney
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance