Dow futures slip as Trump-Xi trade truce fails to boost markets and risk remains

Futures for the Dow Jones Industrial Average fell by ~0.3 % despite an “amazing” meeting between U.S. President Donald Trump and Chinese President Xi Jinping that yielded agreements on rare-earth exports and some tariff reductions. Investors remained cautious because the deal lacked full detail and the Federal Reserve indicated rate-cut prospects remain uncertain. Meanwhile, tech heavyweights including Meta and Microsoft announced heavy cap-ex plans, adding to pressure. Treasury yields rose modestly as risk appetite softened.