04:19 PM EDT, 10/13/2025 (MT Newswires) -- US equity indexes rose Monday, rebounding from a Friday slump as US-China trade tensions showed signs of easing.

* President Donald Trump said Sunday on Truth Social that there is no need to worry about China, adding that "it will all be fine." He described Chinese President Xi as "highly respected" and said the Chinese leader "just had a bad moment," adding that neither country wants an economic depression and that the US aims to help, not hurt, China.

* The Senate on Monday failed for the seventh time to advance funding legislation, prolonging a federal shutdown now in its 13th day. Another vote is set for Tuesday, likely delaying the release of key macroeconomic data.

* November West Texas Intermediate crude oil rose $0.75 to settle at $59.65 per barrel, while December Brent crude, the global benchmark, was last seen up $0.77 to $63.49.

* Broadcom ( AVGO ) shares rose 9.9%, the second-biggest gain on the S&P 500, after the company announced a partnership with Microsoft ( MSFT )-backed (MSFT) OpenAI to roll out 10 gigawatts of custom-designed AI accelerators.

* Fastenal ( FAST ) shares fell 7.5%, the biggest drop on the Nasdaq, after the company's Q3 earnings missed market estimates amid sluggish industrial production.