European stocks are seen opening narrowly mixed on Tuesday after U.S. President Joe Biden and China's Xi Jinping held a summit meeting by video link amid tensions over trade, technology, human rights, Hong Kong and Taiwan.
Biden told Xi their goal should be to ensure competition "does not veer into conflict." Xi said he was ready to "build consensus" to move bilateral relations forward.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.