Group 1 - The U.S. stock market has shown a quicker rebound compared to the significant downturn in April, with major indices rising as trade tension concerns ease [1] - As of October 13, 2023, the Dow Jones increased by 1.29% to 46,067.58 points, the Nasdaq rose by 2.21% to 22,694.608 points, and the S&P 500 gained 1.56% to 6,654.72 points [1] - Chinese concept stocks outperformed, with the Nasdaq Golden Dragon China Index up by 3.21%, and notable gains in companies like NIO (up nearly 7%), Alibaba, and JD (both up over 4%) [1] Group 2 - AI remains a key driver of the market, with investors buying on dips, despite ongoing trade disputes [2] - The current bull market, which began after the S&P 500 index bottomed out on October 12, 2022, has seen an increase of over 80%, with a market capitalization growth of $30 trillion [2] - The S&P 500 index's price-to-earnings ratio has reached 25, marking the highest level for the third year of a bull market in history [2] Group 3 - Concerns about high valuations, tariffs, and economic uncertainties may pose challenges for the U.S. stock market in 2026, coinciding with the midterm election year [3] - The core drivers supporting the stock market and the real economy include record investments in AI and data centers necessary for cloud computing [3] - Economic growth is crucial for the continuation of the bull market, with predictions indicating a potential slowdown if the tech sector falters, leading to a decline in global growth rates by 2026 [3]