Welcome to Markets Desk, here's what's moving.
Silicon Valley's heaviest hitters are gathering for a Trump-Xi dinner representing a combined net worth of two point two trillion dollars, with AI risk warnings setting a charged backdrop. The meeting signals how deeply tech power and geopolitical strategy have become intertwined at the highest levels of both governments.
Shifting to defense, Lockheed Martin has secured a one point two billion dollar Army contract to produce the second increment of the Precision Strike Missile, designed to integrate with HIMARS mobile rocket launchers. For Lockheed shareholders, this deepens an already robust order book at a moment when defense spending shows no signs of cooling.
Meanwhile in Hong Kong, the Hang Seng has strung together three consecutive sessions of gains, adding roughly four hundred eighty points, or just under two percent, to push above the twenty five thousand eighty level. But analysts are flagging a soft open Wednesday, suggesting this near-term momentum may be running out of runway before buyers step back in with conviction.
That's the tape. Markets Desk, signing off the floor.
