04:07 PM EDT, 10/23/2025 (MT Newswires) -- US equity indexes were higher on Thursday after White House press secretary Karoline Leavitt confirmed next week's meeting between US and Chinese presidents, and a slate of strong earnings reports supported a market recovery from yesterday's losses.

* White House press secretary Karoline Leavitt confirmed during a briefing that President Donald Trump will meet with Chinese President Xi Jinping next Thursday in South Korea. The news helped alleviate concerns over US-China relations, which had weighed on stocks the previous day.

* The probability of a 25 basis-point interest rate cut in December dropped to 91.8% from 95.5% the previous day, while the likelihood of a similar cut next week stands at 98.9%, according to CME Group's FedWatch Tool.

* December West Texas Intermediate crude oil rose $3.18 to settle at $61.68 per barrel, while December Brent crude, the global benchmark, was last seen up $3.27 to $65.86 after the Trump administration sanctioned Russia's top oil firms.

* Las Vegas Sands ( LVS ) posted Q3 adjusted earnings and revenue that topped expectations, sending its shares up nearly 12%, making it the second-best performer on the S&P 500.

* Molina Healthcare ( MOH ) shares dropped roughly 18% after the company reported Q3 earnings and issued 2025 guidance that fell short of market expectations.