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Markets expect modest outcomes from Trump-Xi summit, with no major surprises or tariff escalations.

Market News
13 May 2026
24/7 Wall Street
View Source
Bullish
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Piper Sandler's Craig Johnson advises investors to keep expectations low for the Trump-Xi summit, anticipating modest deals mainly in aircraft and agricultural products. The market has already priced in subdued outcomes, reducing the risk of disappointment. Key companies like Boeing and Deere are highlighted as potential beneficiaries, while tech giant NVIDIA remains sensitive to policy changes. The broader market shows calm with steady gains, but any tariff escalation or Taiwan-related tensions could quickly shift sentiment. Overall, the outlook favors stability over dramatic moves.

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