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Wall Street sees ‘nothing of real substance’ in Trump’s China trade deal—and stocks sell off globally

May 15, 2026
in News
Wall Street sees ‘nothing of real substance’ in Trump’s China trade deal—and stocks sell off globally

Good morning. On Fortune’s radar today:

  • Markets: Stocks slide globally, bonds too. 
  • Wall Street sees “nothing of real substance” as Trump-Xi summit yields more talk than trade.
  • Claude keeps telling users to go to bed. Nobody knows why.
  • Low-income people refuse to stop going on cruise ships.
  • Data center construction jobs are MIA.
  • Britain’s official GDP numbers look so weird they might be a mistake.

Quick note: Subscribe to the forthcoming Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.

The post Wall Street sees ‘nothing of real substance’ in Trump’s China trade deal—and stocks sell off globally appeared first on Fortune.

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