Asian equities were positive overnight, led by Hong Kong and South Korea, while Japan underperformed, as Trump and Xi are said to have held a phone call.

U.S. stocks gave back premrket gains made on reports Trump and Xi spoke on the phone. Investors also await jobs data.

Boeing stock inched upward in early trading despite a report from Bloomberg that China might be ready to place a big order from rival Airbus. Wednesday, Bloomberg said that China was planning to order up to 300 jets from Airbus as soon as July.

Asian equities were mostly higher overnight as Korea and Taiwan outperformed while the Philippines and Thailand underperformed, as most local currencies gained against the US dollar.

Yahoo Finance host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute, including Tesla (TSLA) shares sliding as Elon Musk continues to criticize President Trump's tax and spending bill and Costco Wholesale (COST) reporting lackluster sales in the month of May.

Since the early 1990s Chinese equities have returned just 3.3% a year after inflation, far behind US stocks. Nimble traders who mimic the crafty canines can profit from stimulus and periodic bubbles.

Stocks erased losses on Monday as trade tensions between the US and China flared up again over the weekend, with China hitting back after President Trump claimed the nation had “totally violated” a temporary truce reached in Geneva, Switzerland last month.

Marketplace has been following Lei’s business since 2018, just before President Trump imposed tariffs in his first term. Not only did his business survive the extra levies, but Lei said the percentage of his sales to the U.S. went up from 50% in 2018 to 70% at the start of this year.