Daily Market Recap (October 13th 2025)

The collected sources provide a snapshot of diverse global and domestic developments, focusing heavily on international politics and trade tensions, corporate news, and economic trends. Politically, President Trump declared the Israel-Hamas war "over" following a hostage release and peace deal, while also planning a meeting with Ukraine's President Zelenskyy to discuss sending Tomahawk missiles. Economically, the market saw a rebound as Trump appeared to soften his stance on tariffs against China, though new and highly costly tariffs on Chinese-made port equipment still threaten the U.S. supply chain, which ties into JPMorgan Chase's plan to invest $10 billion into U.S. national security industries to reduce reliance on foreign sources. In corporate tech news, Broadcom officially partnered with OpenAI to build custom AI chips, although Broadcom clarified OpenAI is not its mystery $10 billion customer, even as Oracle expressed confidence in OpenAI's ability to cover its massive cloud infrastructure costs. Other reports detail the increasing number of Hispanics in the construction workforce, the record-high average new vehicle price of over $50,000 amid rising loan delinquencies, and the successful use of Lego MRI scanner sets to reduce anxiety in pediatric patients.

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