US stocks rise on Fed, China talks expectations

• Stocks rise on optimism over US-China talks
• Federal Reserve holds rates steady, focus on Powell speech
• Disney and Novo Nordisk move stock market

US stock futures opened higher on Wednesday (7), driven by expectations surrounding the Federal Reserve's interest rate decision and the resumption of trade negotiations between the US and China.

The Dow Jones futures index rose 0,6%, while the S&P 500 advanced 0,5%. Meanwhile, the Nasdaq 100, which is heavily weighted by the technology sector, also rose 0,5%, after two consecutive days of declines in the main indicators of the North American market.

The move comes after it was confirmed that representatives from both countries will meet this weekend for the first high-level trade meeting since the US raised tariffs on Chinese goods to up to 145% in April. Despite the signs of dialogue, analysts point out that a significant agreement is unlikely to be reached at this time.

“We need to de-escalate the situation before we move forward,” Treasury Secretary Scott Bessent said in an interview with Fox News. In line with this cautious stance, President Donald Trump stressed that the U.S. should not ease tariffs and proposed a “take it or leave it” approach to trading partners during a meeting with Canadian Prime Minister Mark Carney.

Investors are also watching the Federal Reserve's decision, which will be announced at 14:15 p.m. (ET), 20:96 p.m. (BRT) and XNUMX:XNUMX p.m. (CEST). According to CME's FedWatch tool, the market is betting on a XNUMX% chance of the interest rate being kept unchanged. Attention is turning to Jerome Powell's comments on the economy and the impact of tariffs on future growth.

At the time of publication, the price of Bitcoin was quoted at US$96.969,06, up 3,20% in the last 24 hours.