US stock markets are showing gains as investors await the upcoming meeting between US President Donald Trump and Chinese leader Xi Jinping. The Dow Jones Industrial Average is up 0.8% at 52,110 points, while the Nasdaq 100 is up 1%. The falling oil prices have also provided a boost to the markets, with investors hoping for diplomatic progress.
Tech stocks are also seeing gains, with Nvidia up 0.6% and Intel up 5.5%. The KI-Plattformanbieter Anthropic has partnered with Accenture to test the security of its advanced models, with Accenture's shares up 3.3%.
Crypto stocks are also seeing gains, with Strategy and Coinbase up to 7%. The Bitcoin price has reached its highest level since January, with Bitstamp trading the oldest and most well-known cryptocurrency at $85,248, a 5% increase from the previous day.
The SMI in Switzerland is also up 1.1% at 13,901.55 points, with Givaudan leading the gains with a 3.3% increase. The mid-cap index SMIM is up 1.3% at 3,095.75 points, and the broad SPI is up 0.9% at 19,697.40 points.
The Euro/Franken pair is at 0.9447, close to its weekly high of 0.9479. The Dollar/Franken pair is at 0.8230, close to its yearly high of 0.8267. The Euro/Dollar pair is at 1.1477, within its recent trading range.
