Stock market news today: US stocks bounce back after 3-day rout

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 25 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

Market Gains Nouvelles

Nasdaq Composite,Labor Market,CBOE Volatility Index

US stocks poised for a rebound following a three-day rout that wiped out a healthy chunk of 2024's market gains

US stocks were on track for a sizable rebound on Tuesday following a three-day rout that wiped a healthy chunk of 2024's market gains. The benchmark S&P 500 led the mid-morning gains, up about 1.7%. The tech-heavy Nasdaq Composite followed suit, up around 1.6% while the Dow Jones Industrial Average jumped 1.3%.

On Tuesday, it fell back to earth, to levels seen often in 2022. Some of the market's biggest names also were aiming for a rejuvenation. The "Magnificent 7" stocks lost more than $650 billion in market cap on Monday. On Tuesday, that looked set to change. Nvidia , which led the way down, rose over 3% before the market open. Tesla , Microsoft , and Meta all rose more than 1%. Cryptocurrencies, which weren't spared from the rout, also rose in tandem with the optimism.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 47. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Tech stock rebound, Biden 2024 exit: Market Trends of the DayAfter coming under pressure last week, tech stocks have picked back up, leading all three major indexes (^DJI,^GSPC, ^IXIC) to close higher in Monday's...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »