Reported 10 days ago
US stock markets saw a rebound on Friday, with the Nasdaq Composite rising by 1%, the Dow Jones Industrial Average up by 1.2%, and the S&P 500 increasing by 1.1%, following the release of favorable inflation data for November. Despite the positive end to the week, all three indices closed lower overall, reflecting investor concerns stemming from a hawkish stance by the Federal Reserve and potential government shutdowns. Notably, despite a morning sell-off, encouraging signs from inflation metrics improved market sentiment in the afternoon.
Source: YAHOO