Stocks Climb on US-China News; Oil Surges on Sanctions
Update: 2025-10-23
Description
Stocks surge on US-China meeting news! Trump's confirmed talks with Xi Jinping ignite Wall Street, overshadowing mixed earnings from Tesla and IBM. Oil prices skyrocket 5% after US sanctions on Russia, while American Airlines soars on positive outlook. Plus, mortgage rates plummet, fueling home sales ahead of Friday's crucial CPI report.
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