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News Topical, Digital Desk : Wall Street witnessed a spectacular comeback on Monday. The Dow Jones jumped nearly 600 points, while the S&P 500 recorded its best day since May. The market recovered nearly 75% of last week's decline. Meanwhile, gold reached a new record of $4,100 and silver $52.6 million. Meanwhile, Donald Trump made a historic statement at the Gaza Peace Conference: "Together we will build a great and lasting peace."

Even Day, Odd Day: Rollercoaster ride of the market
- US markets showed a tremendous recovery on Monday.
- Dow Jones rose by nearly 600 points
- S&P 500 gained more than 1.5%
- 4 out of every 5 stocks rose
- S&P 500 is now trading at its highest valuation in 25 years. Experts told CNBC International that now investors are scared because the market can crash any time.

Last week, when S&P 500 saw its worst day after April, now it has made its best day after May, which means there is an Even Day, Odd Day like atmosphere in the market.

Bull Market in Fourth Year
According to CFRA data, there have been 13 bull markets since World War II, seven of which lasted into their fourth year. LPL Financial says that on average, the S&P 500 returns approximately 12.8% in its fourth year. However, near-term risks remain in the market: -

Escalating US-China trade tensions
- Investors disappointed with AI companies' results - Volatility in corporate earnings - OpenAI's new game-changing deal. 

A major announcement in the world of AI: OpenAI has reached an agreement to purchase custom chips and networking components from Broadcom. This news sent Broadcom's shares soaring 10%, increasing the company's market value by over $150 billion. OpenAI has already signed agreements with AMD and Nvidia. However, it is not yet clear how OpenAI will pay for this deal. '

Trump's Gaza Plan: Donald Trump announced a peace initiative in Gaza, saying, "Together, we will build a glorious and lasting peace." He stated that several countries have pledged reconstruction funds, but did not disclose names. Trump hopes that Iran will also join his peace initiative. Israel released 20 surviving hostages, while 2,000 Palestinians were released from prison. However, many uncertainties remain regarding the situation in Gaza. There is no clear roadmap for the disarmament of Hamas, the administration of Gaza, and reconstruction. 

The Shutdown Fallout : The shutdown crisis in the US is deepening. There are no talks between Democrats and Republicans. Military personnel salaries may be frozen on October 15th. Notices of premium increases under Obamacare are issued. JD Vance warned that more layoffs could occur in the coming weeks. Beyond Equities: Gold and Silver Record High: Gold crosses $4,100 per ounce, new all-time high: Silver $52.6 per ounce 1980's record broken, US Dollar Index again above 99 According to experts, safe-haven demand, expectation of rate cut and geopolitical uncertainty have further increased the shine of bullion. 

Today's major events Today, results of many big companies will be announced in America -JPMorgan, J&J, Wells Fargo, Goldman Sachs, BlackRock, Citigroup and Domino's Pizza. Along with this, speeches of Jerome Powell, Michelle Bowman and Christopher Waller are also scheduled.


Read More: Gold Price Down: Congratulations! Gold prices have fallen sharply, silver prices have also slowed. What is the price?

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