Reported about 1 month ago
US stocks rebounded on Monday following the S&P 500's worst week since early 2023, with the Dow Jones rising over 500 points and the S&P 500 climbing more than 1%. The market is reacting to recent inflation data and speculating about the Federal Reserve's upcoming interest rate decisions, which are expected to focus on potential cuts. Key sectors leading the rebound include Industrials, Financials, and Consumer Discretionary. Investors are also eyeing Apple's annual iPhone event for insights into new products and technologies.
Source: YAHOO