Equities wavered after the closely watched meeting between Donald Trump and Xi Jinping wrapped up largely in line with expectations, helping shares hover near their record highs.

Bitcoin continued to lose ground after hawkish remarks from Federal Reserve Chair Jerome Powell dampened expectations for another interest-rate cut this year.

California Public Employees’ Retirement System, the largest public pension plan in the US, is planning to vote against Elon Musk’s $1 trillion Tesla Inc. compensation agreement, delivering a setback for the company’s plan to award one of the most lucrative pay packages in corporate America.

Mark Zuckerberg pledged that Meta Platforms Inc. will spend even more aggressively on artificial intelligence in the year ahead, raising fresh concerns from investors who drove the stock down on worries the company may not have an obvious return on the massive investment.

China’s financial sector is on track to outpace the broader market’s earnings growth, with forecasts for the nation’s banks and insurance firms climbing steadily since August.

A Link Motion Inc. investor can proceed with New York state fraud claims over the Chinese software company’s statements about a computer corporation’s purported investment in its subsidiaries, a federal court ruled.