“Markets Rally as Trump Eases Trade Tensions, AI Stocks Lead Rebound”
On October 13, 2025, global markets rebounded strongly, driven by gains in AI and tech stocks after a softer tone on trade from U.S. President Donald Trump. The S&P 500 climbed 1.6 %, while the Nasdaq jumped 2.2 %, fueled by optimism around chipmakers and AI plays.
Trump’s remarks hinted at de-escalation in the trade conflict with China, easing investor fears of renewed tariff escalation. The U.S. dollar held steady, while commodities saw active movements: oil rebounded from recent lows, and gold surged past $4,100 per ounce on safe-haven demand and speculation about future rate cuts.
Meanwhile, Wall Street is bracing for a wave of earnings reports from major banks — including JPMorgan, Goldman Sachs, Citigroup, and Wells Fargo — and a key public appearance by Fed Chair Jerome Powell in Philadelphia. These events could further influence market direction amid a backdrop of macro uncertainty.
With trade tensions cooling and AI momentum driving investor sentiment, the market’s tone has shifted — but volatility remains a risk.