Reported about 2 months ago
In a strong market rebound, the S&P 500 and Nasdaq have fully recovered losses from August, driven by robust economic signals from consumer spending and labor market data. Walmart's positive earnings report and stronger-than-expected retail sales helped boost investor confidence, leading to notable gains across major indices. The S&P 500 rose over 1.6% while the Nasdaq jumped more than 2.3%, marking a significant shift from recent market declines.
Source: YAHOO