By Jamie McGeever

ORLANDO, Florida (Reuters) -U.S. and world stocks rose on Thursday, boosted by a cooling in U.S.-China trade tensions, while oil prices rocketed 5% after Washington sanctioned two Russian oil giants, raising concern about global supply.

More on that below. In my column today, I look at whether the ‘Magnificent 7’ may be about to relinquish their total dominance on Wall Street, even if just a little. The current earnings season and earnings outlook for 2026 suggest it might.

If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.

Today’s Key Market Moves

Today’s Talking Points

* China’s 5-year plan

China’s Communist Party rulers just concluded their four-day closed-door ‘plenum’ meeting to lay out

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