Squawk on the Street

U.S.-China Trade Deal Hopes Propel Stocks to All-Time Highs 10/27/25

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Carl Quintanilla, Jim Cramer and David Faber kicked off a new trading week with major stock indices hitting new record highs. Hopes for a U.S.-China trade deal sparking market optimism, after both sides agreed to a framework over the weekend ahead of talks between Presidents Trump and Xi. A lot for investors to digest this week, including earnings from five of the "Magnificent 7" tech giants and the Fed's decision on interest rates. "Faber Report": Sources tell David "Yellowstone" creator Taylor Sheridan is leaving Paramount for NBCUniversal. Also in focus: "Merger Monday," Warren Buffett's Berkshire Hathaway underperforms the S&P 500, what Tesla Chair Robyn Denholm told CNBC about Elon Musk's massive pay package. 

Disclosure: Comcast is the parent company of NBCUniversal, which owns CNBC.

Versant would become the new parent company of CNBC upon Comcast’s planned spinoff of Versant.

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