Reported about 19 hours ago
US stock markets saw a rebound on Monday as investor optimism grew over a potential de-escalation in the Israel-Iran conflict, with the Dow Jones rising by approximately 0.8% and the Nasdaq gaining 1.5%. This recovery follows a significant drop in the previous session, triggered by fears surrounding the ongoing tensions. Meanwhile, oil prices receded due to the outlook that the conflict might not disrupt supply significantly. The market's focus shifts to the upcoming Federal Reserve meeting, where a steady interest rate is expected.
Source: YAHOO