Business US

Rare Earth Stocks Dive On U.S.-China Trade Deal News, But Details Await

China will delay its new rare earth export controls, buy U.S. soybeans and finalize a TikTok deal, Treasury Secretary Scott Bessent said Sunday. S&P 500 futures jumped early Monday, while rare earth stocks including MP Materials (MP) and USA Rare Earth (USAR) tumbled on deal terms that seem to be about as good as could’ve been hoped for the U.S.…

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