China Trade Deal Nears as Trump and Xi Prepare to Meet; Big Tech Earnings and a Fed Cut Loom

The market preview that Investor's Business Daily published on the evening of October 24, 2025, rests on three developments converging on Wall Street at once: a possible meeting between President Trump and China's Xi Jinping, a heavy run of big tech earnings, and a Federal Reserve rate cut that the publication describes as looming.

The headline item is trade. According to the IBD preview, a Trump-Xi meeting could finalize a China trade deal. The wording is conditional. The piece says the meeting could settle the matter, not that a deal has been signed, and nothing in the material available here spells out the terms, the date of the meeting, or what each side would give up.

The second thread is earnings. The preview names Apple, Meta and Microsoft as leading what it calls a huge wave of corporate reports. These are among the largest companies in the market, so their results carry weight well beyond their own share prices. The material does not include any figures, expectations or estimates for those reports, so what investors are bracing for in the numbers is not laid out here.

The third thread is monetary policy. IBD says a Fed rate cut looms, placing it alongside the trade and earnings news as one of the things markets are watching. The source gives no size for the cut, no meeting date and no detail on how officials arrived at their view, so the claim stands as the publication's framing of the outlook.

The piece is framed around Dow Jones futures, the contracts that signal where the market may open. That is the vantage point of a morning-after, week-ahead preview: investors looking at several large events stacked together and trying to judge how they might interact. A trade agreement between the world's two largest economies, strong or weak results from the biggest technology names, and a lower cost of borrowing each tend to move markets on their own. Here they are all arriving in the same window.

Much of the page itself is boilerplate. IBD notes that its content is for informational and educational purposes only and is not a recommendation to buy or sell securities, that historical performance is no guarantee of future results, and that its authors may own the stocks they discuss. Real-time prices are credited to Nasdaq Last Sale, with ownership data from LSEG and estimate data from FactSet.

What to watch is straightforward. Whether the Trump-Xi meeting actually takes place and produces a finalized deal, how Apple, Meta and Microsoft report, and whether the Fed delivers the cut the preview anticipates are the three outcomes that will show whether the week's optimism holds.