Asian stocks rise after US and China conclude deal

Asian markets rebounded as Beijing and Washington outlined a follow-up plan for their trade cease-fire. The lifting of tariffs is anticipated to stabilize economic conditions, where the Nikkei 225 and the Hang Seng index noted gains of 0.5% and 0.8%, respectively.

In the United States, optimism about tariff rollbacks propelled the S&P 500 up by 0.5% to 6,038.81. Analysts remarked on the reaffirmation of previously discussed measures, although some caution about the lack of substantial progress.