Stock Market Update
15-Sep-25 12:05 ET
U.S. and China reach framework TikTok deal
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[BRIEFING.COM] The DJIA (-0.1%) has slipped beneath its flatline, as the S&P 500 (+0.5%) and Nasdaq Composite (+0.9%) continue to trade higher.
The U.S. and China reached a framework deal to move TikTok to U.S. ownership, according to Reuters. The deal will culminate in a call between President Trump and Chinese President Xi Jinping on Friday.
Treasury Secretary Bessent also commented that the U.S. would not impose tariffs on Chinese goods as it relates to the purchase of Russian oil unless other European countries act in kind and signaled the possibility of tougher sanctions on Russia.
