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Welcome to Markets Desk, your midday read on the stories moving the needle.
President Trump is heading to China, and he's bringing corporate America with him. Jensen Huang of Nvidia, Citigroup's Jane Fraser, and Boeing's Kelly Ortberg are among the Fortune five hundred CEOs joining the president in Beijing, a summit that signals Washington is serious about resetting trade ties with the world's second largest economy. The market implications of any deal struck in that room could ripple across semiconductors, financials, and industrials for months.
Meanwhile, Novartis is adding clinical weight behind its radioligand therapy Pluvicto. Phase three data from the PSMAddition trial shows the drug meaningfully reduced PSA progression when combined with standard of care in metastatic hormone-sensitive prostate cancer. That is an earlier stage of the disease than Pluvicto previously targeted, which substantially widens the addressable patient population and gives Novartis a credible growth runway in oncology.
And on the geopolitical front, Ukraine launched its largest drone strike on Moscow to date, hitting targets that included a microchip facility and an oil pumping station inside the Russian capital. Kyiv says the attack used domestically produced long-range drones, a signal of growing Ukrainian industrial capacity. Energy infrastructure strikes of this kind historically introduce short-term volatility into European natural gas and crude markets.
That's the tape. Markets Desk, signing off the floor.["https://www.forbes.com/sites/lanceeliot/2026/05/18/reasons-why-popular-ai-is-suddenly-and-unexpectedly-telling-people-to-consider-sleeping-or-getting-some-rest/","https://www.nasdaq.com/articles/3-dividend-stocks-buy-right-now-and-never-sell","https://www.nasdaq.com/articles/novartis-pluvicto-shows-lower-risk-psa-progression-phase-3-psmaddition-trial-mhspc","https://fortune.com/2026/05/18/trump-interview-economic-strategy-tariffs-ai-dealmaking-china-summit/","https://www.businessinsider.com/ukraine-drones-long-range-moscow-air-defenses-biggest-attack-2026-5","https://www.nasdaq.com/articles/3-quantum-computing-stocks-buy-right-now","https://marginalrevolution.com/marginalrevolution/2026/05/what-else-is-special-about-southeastern-michigan-from-my-email.html?utm_source=rss&utm_medium=rss&utm_campaign=what-else-is-special-about-southeastern-michigan-from-my-email","https://www.forbes.com/sites/laurasirikul/2026/05/18/bts-the-city-arirang-busan-2026-guide/"]
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