EconomyAI Rally Loses Steam as US-China Talks Continue

U.S. equity futures wavered after Meta, Alibaba and Tencent’s latest technology boosted investor optimism about AI. The U.S. and China held a second round of trade talks ahead of the Trump-Xi summit, while President Trump is due to speak as the UN General Assembly convenes in New York City. The discussion also examines whether debt-financed growth can last.