Stocks Bounce Back as Trump Softens China Trade Rhetoric

Core Viewpoint - Wall Street reacted positively to President Trump's easing of tensions in the trade dispute with China, leading to significant gains in major stock indices [1] Market Performance - The Dow Jones Industrial Average increased by 630 points, representing a rise of 1.4% [1] - The S&P 500 index rose by 1.6% [1] - The Nasdaq Composite experienced a gain of 2% [1] Bond Market - The U.S. bond market was closed due to the observance of Columbus Day [1]