Stocks Waver as Trump-Xi Summit Meets Expectation: Markets Wrap

Equities wavered after the closely watched meeting between Donald Trump and Xi Jinping wrapped up largely in line with expectations, helping shares hover near their record highs.

A gauge of Asian shares edged 0.4% lower after setting a record high Wednesday. Futures for the US and Europe were flat after President Trump said he had an “amazing meeting” with Xi and would reduce fentanyl tariffs. Contracts indicated modest gains for European stocks at the open. Shares in mainland China dipped 0.8% while the Topix Index in Japan rose 0.7% after the Bank of Japan held its policy rate. ...