The US stock market surged across the board on October 18, 2023. By the close, the Dow Jones Industrial Average rose by 1.65%, the Nasdaq increased by 2.61%, and the S&P 500 climbed by 2.13%. The three major European stock indices also rose by more than 1%, with the German DAX index increasing by nearly 1.9%. Additionally, the Russian RTS index soared by 3.61%. Chinese concept stocks strengthened, with the Nasdaq China Golden Dragon Index rebounding significantly, closing up 2.69%. Cryptocurrencies rose across the board, with Bitcoin also gaining, briefly breaking above $85,000 per coin; as of the time of publication, it was reported at $84,208.9 per coin, up more than 3%. International gold prices also increased, with COMEX gold futures closing up 0.08% at $2,993.6 per ounce, marking a cumulative rise of 2.6% for the week.