Stocks Muted Ahead of US-China Talks; Tech AI Deals; LA Protest Clashes

US equity futures hold steady ahead of the latest round of trade talks between the US and China taking place in London. Meta is said to be in talks to invest in Scale AI while Qualcomm agrees to buy Alphawave IP Group for $2.4 billion. Nvidia CEO Jensen Huang speaks with Prime Minister Keir Starmer at London Tech Week. President Trump clashes with California Governor Gavin Newsom over the deployment of National Guard troops to anti-deportation protests in Los Angeles. Elsa Lignos of RBC says the dynamic around the US dollar has become structurally bearish. Aaron Kennon of Clear Harbour Asset Management says the market is trying to look through shifting trade dynamics to focus on the excitement of AI. (Source: Bloomberg)

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