US equities closed higher on Monday: the Dow Jones Industrial Average rose 0.29%, the S&P 500 gained 0.70% and the Nasdaq Composite advanced 0.82%. SK Hynix (SKHY.O) rose 4%, Micron Technology (MU.O) nearly 3%, NVIDIA (NVDA.O) gained 2% and Tesla (TSLA.O) climbed 5%. The Nasdaq Golden Dragon China Index closed up 0.63%; Baidu (BIDU.O) rose 0.8%.

At an Oct. 27 regular briefing, Foreign Ministry spokesman Guo Jiakun said China is closely monitoring tensions in the Gulf, the Red Sea and the Horn of Africa, and voiced deep concern about prolonged fighting and spillover effects. Guo said China urges parties to resolve disputes through dialogue and seek a sustainable ceasefire, and that Beijing will shortly dispatch special envoys to countries in the affected regions to strengthen communication, promote contact and de‑escalation and prevent further deterioration.

Iranian president reiterated that Tehran is not seeking nuclear weapons.