The positive progress in US-China negotiations has invigorated global markets, leading to a 196-point rise in Taiwan's futures during night trading, with today’s opening expected to continue on this upward trajectory. The S&P 500 index in the US has closed higher for three consecutive days, now just 1.7% shy of its historical peak. With market confidence rebounding, TSMC futures rose by NT$10 after-hours, and it will be crucial to see if the index challenges previous highs upon today's opening.

In the market, the three major institutional investors collectively purchased NT$52.1 billion, with foreign investors significantly buying back NT$39.9 billion, marking a rare instance of substantial buying. Technical indicators also appear to be strengthening, with foreign futures net open positions recovering by 1,456 contracts, suggesting a bullish bias in market sentiment as retail investors reduce positions.

As a leading indicator, TSMC's performance will substantially impact the overall market. Traders should focus on sectors such as electronics, semiconductors, and finance today, as trading volume has reached NT$383.2 billion. Investors are also keeping an eye on the potential for US-China negotiations to reach specific agreements and are mindful of the forthcoming US CPI data which could influence risk preferences further, suggesting that today's Taiwanese stocks may open with a gap up.