01:08 PM EDT, 10/13/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV rose. Actively traded Invesco QQQ Trust (QQQ) was up 2.2%. US equity indexes jumped in midday trading on Monday after President Donald Trump softened his tone against China and as the so-called AI trade got a boost from a deal between Broadcom ( AVGO...

12:55 PM EDT, 10/13/2025 (MT Newswires) -- Tech stocks were higher Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 2.6% and the SPDR S&P Semiconductor ETF (XSD) surging 6.6%. The Philadelphia Semiconductor index climbed 5.1%. In corporate news, Broadcom ( AVGO ) and OpenAI, which counts Microsoft ( MSFT ) as a major investor, said Monday that...

12:31 PM EDT, 10/13/2025 (MT Newswires) -- US equity indexes jumped in midday trading on Monday after President Donald Trump softened his tone against China and as the so-called AI trade got a boost from a deal between Broadcom ( AVGO ) and OpenAI. The Nasdaq Composite jumped 2% to 22,655.5, with the S&P 500 up 1.6% to 6,656.7 and...

11:45 AM EDT, 10/13/2025 (MT Newswires) -- All three major US stock indexes were up in late-morning trading Monday, after President Donald Trump attempted to ease concerns over trade relations with China in a Truth Social post on Sunday. In company news, Broadcom ( AVGO ) and Microsoft ( MSFT )-backed (MSFT) OpenAI said Monday they are launching a partnership...