Shares in Asia are mixed and Chinese markets fall despite Trump's trade truce with Xi

Shares in Asia are mixed and Chinese markets fall despite Trump's trade truce with Xi 31 mins ago Asian shares are mixed after the U.S. stock market sank from record heights as Wall Street sifted through various developments such as trade relations with China and profits of Big Tech giants. U.S. futures advanced and oil prices fell. President Donald Trump hailed his much-anticipated talk Thursday with China’s leader, Xi Jinping, but major tensions remain between the world's two largest economies. China reported that its factory activity contracted in October, while inflation in Japan crept higher. On Thursday, the S&P 500 fell 1% and the Dow Jones Industrial Average slipped 0.2%. The Nasdaq composite dropped 1.6% from its record set the day before. Meta Platforms and Microsoft sank, while