It's time for Yahoo! Finance's Market Minute. Stocks edging higher as investors weigh the possibility of thawing trade tensions between the U.S. and China. President Trump saying he had a quote "very good call" with President Xi Jinping that was focused on trade. Teams from the two countries expected to meet shortly. Tesla shares are extending declines from Wednesday's session. CEO Elon Musk blast the GOP budget bill. Musk calling for lawmakers to kill the bill, citing the potential effect on the U.S. deficit. Of course, the bill includes cuts to EV tax credits as well. Several reports suggesting Musk was unsuccessful in lobbying to save those tax credits. And Kering, owner of luxury brands like Gucci and Balenciaga, is reportedly in exclusive talks with a buyout group about the sale of its Fifth Avenue building in New York City. The retailer just bought the building over a year ago. That's according to Reuters. That's your Yahoo! Finance Market Minute this morning. For more on what's trending on Yahoo! Finance, scan the QR code below.