Stocks kick off October with a huge rally | CNN Business

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Stocks rallied to begin the fourth quarter, with the Dow closing up 765 points

The Dow rose 765 points, or 2.7%. That was its biggest gain since mid-July. The Nasdaq and S&P 500 gained 2.3% and 2.6%, respectively. Stocks ended September with a resounding thud on Friday. In a sign of how volatile the market is, all but one of the 30 Dow stocks ended the day higher Monday — after they all finished lower Friday. was Monday’s lone laggard.

The latest manufacturing data in the US might also give the Fed reason to reconsider how much it should be raising interest rates. The Institute for Supply Management, a non-profit economic association, reported that its influential manufacturing index fell from August and was below Wall Street’s forecasts. That could be a sign that the Fed’s rate hikes are already having the desired effect of slowing the economy and reducing inflation.

 

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Joe Biden campaigned on SHUTTING DOWN AMERICAN FOSIL FUELS! Period! Joe Biden SHUT DOWN AMERICAN OIL and chose OPEC&RUSSIAN OIL and now both are cutting down oil by 2 million barrels a day! This is Biden&Democrats fault NOT Covid NOT Putin but YES Biden! Period! A FACT!

Solidarity with Iranian people. Death to IRGC

StopHazaraGenocide

It's a false rally.

Why this is bad for Biden…

if trump was president it would be up more

Republicans are still in good shape to make big gains in November

When does trump get to take credit for this?

Buck Fiden

Drop 4000 pts to announce a 700 pt rally? How low can the media go to hide this disaster?

They really think we're stupid, they've lied so much, this is how they laundry money, how they steal from us, Biden is crooked.

rauItrades Lmfao spot on Raul

Viagra symptom ... soon all fall back again !

It's all a con game, tomorrow it will go down more than it went up today.

We need info.

We hope for a good run

there have been plenty of rallies during this long decline, so no one can complain about not having a chance to sell when we finally reach the bottom

Stocks fall, stocks rise..

Say her name MahsaAmini

According to DonaldJTrumpJr - stocks are run by Presidents so THANK YOU JOE BIDEN

Another Biden W

Risk on 4th

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