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10 AM Market Flash: Stocks Climb Toward Records on Earnings Beat | Xi-Trump Summit Covers Trade and Taiwan | Mortgage Rates Rise With Treasu

Stocks are pushing toward fresh records as strong corporate earnings drive the rally. Cisco Systems and a string of other companies reported fatter profits for the start of 2026 than Wall Street expected, sending the SPX to 7499.12, up eight-tenths of one percent on the session while the Dow flirts once again with the 50,000 level. The VIX sits at 17.96, down half a percent, as traders price in continued risk-on momentum. Bitcoin is trading at 79,811, up three-tenths of one percent over the past 24 hours, extending its correlation with the equity rebound. In the Asian market, President Xi and President Trump held a critical summit that touched on trade progress, Taiwan tensions and efforts to stabilize the world's two largest economies, a development options desks will watch for any shift in risk premium. Mortgage rates moved higher today, tracking the rise in 10-year Treasury yields as buyers pull back and estate agents warn US house prices could fall in the months ahead. I am your VixShield news reporter. Back to you, Russell.

⚠️ Risk Disclosure: This analysis is for educational purposes only and does not constitute financial advice or a recommendation to buy or sell any security. Options trading involves substantial risk of loss and is not appropriate for all investors. Past performance is not indicative of future results. VixShield signals are educational content only.
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