Trump's Trade Remarks Spark Global Market Divide: U.S. Rallies, Asia Falls

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U.S. stock futures surged on October 13, 2025, as investors reacted to President Donald Trump's comments suggesting a potential de-escalation in U.S.-China trade tensions. Futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq 100 rose by 0.96%, 1.33%, and 1.84%, respectively, following a sharp sell-off the previous day Stock Market Today: Dow Jones, S&P 500 Rally After Trump Hints At De-Escalation With China—Mag 7, Fastenal, Lucid In Focus^[1]. Trump's remarks, which included a dismissal of concerns over China and a characterization of President Xi Jinping's recent policies as a "bad moment," calmed market anxieties U.S. stock market futures soar after $2 trillion market wipeout last ...^[2]. Asian markets, however, tumbled amid lingering trade uncertainties, with Hong Kong's Hang Seng and Shanghai Composite indexes falling sharply .

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The Magnificent 7 (Mag 7) stocks led the premarket rally, with Nvidia (NVDA) surging 3.57%, Tesla (TSLA) rising 2.70%, and Apple (AAPL) gaining 1.75% Stock Market Today: Dow Jones, S&P 500 Rally After Trump Hints At De-Escalation With China—Mag 7, Fastenal, Lucid In Focus^[1]. These gains followed a volatile week in which the Nasdaq Composite and S&P 500 had posted their worst single-day drops since April 2025 Stock market today: Live updates - CNBC^[4]. Analysts attributed the rebound to speculation that Trump's softer tone could pave the way for renewed trade negotiations, though warnings about overvalued tech stocks persisted. Crescat Capital's Kevin Smith highlighted that the combined enterprise value of the top 10 U.S. mega-caps now exceeds 76.8% of GDP, far surpassing the 28.4% peak during the 2000 dot-com bubble Stock Market Today: Dow Jones, S&P 500 Rally After Trump Hints At De-Escalation With China—Mag 7, Fastenal, Lucid In Focus^[1].

Other stocks in focus included Fastenal (FAST), which jumped 2.57% ahead of earnings, and Lucid Group (LCID), which climbed 1.95% after announcing customer deliveries of its Lucid Gravity SUV in Canada Stock Market Today: Dow Jones, S&P 500 Rally After Trump Hints At De-Escalation With China—Mag 7, Fastenal, Lucid In Focus^[1]. Conversely, Vince Holding (VNCE) fell 3.15% after announcing a planned transfer to Nasdaq Stock Market Today: Dow Jones, S&P 500 Rally After Trump Hints At De-Escalation With China—Mag 7, Fastenal, Lucid In Focus^[1]. The market's optimism was tempered by concerns over a potential U.S. government shutdown and the Federal Reserve's upcoming rate decisions. The CME Group's FedWatch tool indicated a 96.2% probability of a rate cut at the October meeting Stock Market Today: Dow Jones, S&P 500 Rally After Trump Hints At De-Escalation With China—Mag 7, Fastenal, Lucid In Focus^[1].

The U.S. Treasury yield curve remained inverted, with the 10-year note at 4.03% and the two-year at 3.50%. Meanwhile, Bitcoin rose 3.03% to $115,212.40, reflecting improved risk appetite Stock Market Today: Dow Jones, S&P 500 Rally After Trump Hints At De-Escalation With China—Mag 7, Fastenal, Lucid In Focus^[1]. European markets opened cautiously higher, with the STOXX 600 up 0.2%-0.48%, supported by gains in pharmaceutical shares U.S. stock market futures soar after $2 trillion market wipeout last ...^[2].