US Stock Market Live Updates: Trump-Xi meet to begin shortly; Futures recover in anticipation

US Stock Market Live Updates:

Futures on Wall Street are trading with losses ahead of the all important meeting between US President Donald Trump and Chinese President Xi Jinping. Futures on the Dow Jones were down 100 points, while those on the Nasdaq were down 80. However, both have recovered early losses to turn positive. All eyes are on the first in-person meeting between the leaders of the two largest economies of the world after Donald Trump took office earlier this year. While both sides have expressed optimism over a positive outcome, experts remain skeptical, anticipating a vague outcome to this summit, that is expected to last up to four hours. Trump has said that he remains hopeful of a positive and major deal with China. Futures are also down in response to big tech results. Meta, Alphabet and Microsoft, all beat street expectations during the quarter, but the internals of Meta and Microsoft left analysts disappointed, while Alphabet shares surged in extended trading after its first $100 billion revenue quarter. Companies like Apple and Amazon also report earnings today. Watch this space for all the Live updates.