Reported about 1 month ago
U.S. stocks bounced back on Monday following the S&P 500's worst week since early 2023, as investors focused on expected interest rate cuts by the Federal Reserve. The S&P 500 rose nearly 1.2%, the Dow Jones gained over 450 points, and the Nasdaq saw an increase of more than 1%. Key sectors leading the recovery included financials, industrials, and energy, with significant gains from companies like Nvidia, Tesla, and Amazon. Attention now shifts to upcoming inflation data that could impact the Fed's policy decisions.
Source: YAHOO