On October 17th local time, all three major U.S. stock indices closed higher: as of the close, the Dow Jones rose 0.52%, the S&P 500 rose 0.53%, and the Nasdaq rose 0.52%.

After last week's adjustments, U.S. stocks showed a trend of volatile rebound this week, with the Dow Jones, S&P 500, and Nasdaq rising by 1.56%, 1.70%, and 2.14% respectively.

In terms of sector performance, most large-cap U.S. tech stocks gained: the "Magnificent Seven" index closed up 0.86%, Tesla rose over 2%, Apple gained nearly 2%, Nvidia rose 0.78%; Amazon fell 0.67%. After last week's heavy losses, most large-cap U.S. tech stocks rebounded this week.

Popular Chinese concept stocks were mixed. As of the close, the Nasdaq Golden Dragon China Index fell 0.14%. Regarding individual stocks, Futu Holdings rose over 4%, Tiger Brokers and New Oriental both rose over 2%, Huazhu Group, Alibaba, and Yum China Holdings all rose over 1%; Pony.ai fell over 5%, Kingsoft Cloud fell over 4%, EHang Holdings and Lufax Holding fell over 3%, and Century Internet fell nearly 3%.

Affected by the overnight decline in international precious metals prices, U.S. gold stocks fell across the board. As of the close, Kinross Gold plunged over 9%, Coeur Mining, Harmony Gold, and Eldorado Gold all fell nearly 9%, and Barrick Gold fell over 6%.