The Dow Jones Industrial Average and other major indexes flip-flopped Wednesday afternoon, following new developments in the U.S.-China trade war. NvidiaNVDA was also jerked around, while Advanced Micro DevicesAMD bolted higher on the stock market today.

Major stock indexes ended mostly higher after volatile trading Wednesday, as big banks' results continued to impress.

Stocks are rebounding from Friday’s selloff after President Trump said trade relations with China “will all be fine.”

US stocks jumped Monday in a broad rebound, bouncing back from Friday's rout after President Trump played down the escalating US trade standoff with China and said it "will all be fine!" Stocks recouped some of Friday's hefty losses after Trump dialed back his Friday threat to impose an additional 100% tariff on Chinese goods from Nov.

The Dow reverses higher after a speech from Fed Chair Jerome Powell helped the market set aside worries over U.S.-China tensions

The Cboe Volatility Index (VIX), widely recognized as the market's "fear index," jumped to 22.44 around 1 pm Eastern Standard Time on Wednesday from 20.81 on Tuesday. The VIX has risen from 16.43 on October 9. A "normal" range for the index is between 12 and 20.

The Dow, S&P 500, and Nasdaq are gaining Wednesday as the stock market focuses on earnings amid Trump's China trade threats.

Powell rescued markets from another tough sell-off on Tuesday, sparking a big turnaround as investors took his job market comment as a dovish signal.

Follow all the latest U.S. market action for Wednesday here as stocks look to recover their poise after some trade-talk volatility and earnings season continues apace.