China described recent U.S. trade talks as "good" but remained silent on future steps, while President Trump hinted at a potential call with Chinese leader Xi Jinping later in the week.

What This Mean: The cautious optimism from China and Trump's remarks suggest ongoing diplomatic engagement, but the lack of concrete details reflects lingering uncertainty in trade negotiations between the two economic powers. This highlights the fragile state of bilateral relations amid broader geopolitical tensions.

Three Chinese stocks are performing well and could see significant gains if the U.S.-China trade reset is successful.

What This Mean: Improved trade relations between the U.S. and China could boost specific Chinese stocks, signaling broader economic cooperation and market optimism.