Wall Street eyed a US-China truce agreed by Trump and Xi, cooling hopes for a December rate cut and the next batch of Big Tech earnings.

U.S. stocks mostly slip Thursday, except for the Dow, as positive developments on the trade front are offset by jitters around AI

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President Trump and China's Xi talk trade, and investors eye big tech earnings later. Follow along for live news and analysis of the Dow, S&P 500 and Nasdaq.

Among exchange traded funds, the Invesco QQQ TrustQQQ was up 0.2%. Also, the SPDR S&P 500 ETFSPY moved up 0.1% ahead of Tuesday's market open. Discover Profitable Trades Each Day With MarketDiem. See How.

Stocks finish mostly lower even after the Fed cut interest rates and said it will stop shrinking its balance sheet on Dec. 1. Separately, investors are preparing for earnings from three of the Mag 7 mega-cap stocks after the close.

With Nvidia now the world's first $5 trillion company, the sway it and other tech giants hold over the broader market is only growing. The combined market value of [the Magnificent Seven](

The Nifty heads into the monthly expiry session of the BSE contracts on the back of renewed optimism of a trade deal between India and the US. The index is 200 points shy of its all-time high of 26,277 but Jerome Powell may turn out to be a spoilsport.

Inside the Dow Jones Industrial Average, Apple AAPL shares climbed 0.6% Thursday morning, set to extend a winning streak to six sessions. The stock is in the buy zone past a 259.24 buy point. On the downside, Boeing BA, Honeywell HON, Merck MRK and Nvidia NVDA all traded lower ahead of the market open.