Reported 4 days ago
US stocks rebounded on Friday, ending a five-day decline as technology and consumer discretionary sectors surged. Positive ISM Manufacturing data and the reelection of Mike Johnson as Speaker of the House contributed to the market's upward momentum. Notably, tech giant Microsoft announced a significant investment in data centers, further boosting investor confidence. Key indices like the S&P 500 and Nasdaq composite marked significant gains, while oil prices also showed an upward trend.
Source: YAHOO