Global Markets React Positively to Trump-Xi Meeting Announcement

Wall Street stocks rose after a government report showed that inflation increased less than expected in September, supporting expectations of a potential interest rate cut by the Federal Reserve next week. The report indicated a 3% rise in consumer prices year-over-year, with core prices also up 3%, both above the Fed's 2% target. The market response included gains in major indices, falling Treasury yields, and positive movements in commodities and international markets.