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Story summary
- U.S. stock futures recovered from earlier declines on October 17 after President Donald J. Trump indicated a potential meeting with China’s President Xi Jinping.
- Trump described tariffs as not sustainable and suggested reductions, a stance that sparked optimism and helped lift S&P 500 futures.
- The Wall Street Journal reported that China believes Trump will avoid a stock market downturn during the trade conflict, reflecting confidence in his reassurances.
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