Are investors starting to prefer Europe over the US?

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• 00:34

  Good morning from the Financial Times.

• 00:37

  Today is Monday, May 12th, and this is your FT News Briefing.

• 00:41

  The U.S. is optimistic about a trade deal with China,

• 00:44

  and European stocks are outshining their American peers.

• 00:48

  Plus, Disney seems to be doubling down on theme parks.

• 00:53

  This is like building a battleship for the Navy or a new space shuttle for NASA.

• 00:59

  So it's a big moment, and it's a big decision for Disney.

• 01:02

  I'm Kasia Brasalian, and here's the news you need to start your day.

• 01:16

  U.S.

• 01:17

  Treasury Secretary Scott Besson said that the U.S. had made a lot of progress with Chinese officials during trade talks in Geneva over the weekend.

• 01:25

  And China's vice premier said the meetings were constructive.

• 01:29

  It's the first sign that Washington and Beijing might be dialing down tensions.

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