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U.S. Stocks Rebound Amid Tech Rally and Upcoming U.S.-China Meeting

U.S. Stocks Rebound Amid Tech Rally and Upcoming U.S.-China Meeting

Author:

Global Cryptocurrency

Published:

2025-10-23 22:51:02

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BTCCSquare news:

U.S. equity markets staged a recovery on October 23, buoyed by a resurgence in technology stocks and Optimism surrounding an upcoming meeting between U.S. President Donald Trump and Chinese President Xi Jinping. The S&P 500 rose 0.58%, while the Nasdaq outperformed with a 1% gain, driven by strong performances from Nvidia, Broadcom, and Amazon.

Investor sentiment improved following the announcement of the U.S.-China summit scheduled for October 30 in South Korea, easing concerns over trade tensions that had weighed on markets in recent weeks. The rally marked a reversal from the previous session's declines, where the S&P 500 and Dow had fallen 0.5% and 0.7%, respectively.

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