Stocks jumped to new records on Monday after U.S. and China officials cooled tensions over the weekend, laying the groundwork for President Donald Trump and China President Xi Jinping to clinch a trade deal this week.
The S&P 500 climbed 1.23% to 6,875.16, its first close ever above the 6,800 level, while the Nasdaq Composite rallied 1.86% to 23,637.46, bolstered by a rise in Nvidia and other chip stocks. The Dow Jones Industrial Average jumped 337.47 points, or 0.71% to 47,544.59. All three of the major averages closed at record highs, along with the Russell 2000 small-cap benchmark.
Source: https://www.cnbc.com/2025/10/26/stock-market-today-live-updates.html