Dow jumps more than 300 points as stocks rebound

  • 📰 CNN
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Stocks staged a rebound Tuesday, rallying across the board as Wall Street bounced back from a sell-off at the start of the week.

The Dow closed up 0.9% or 312 points, while the S&P 500 finished 1.1% higher. The Nasdaq Composite closed up 1.3%.In fact, everything went up Tuesday: While stocks were rebounding, the 10-year US Treasury bond yield also rose, and was up at 1.53% around the time of the stock market close. Bond yields and prices move inversely to each other.Elsewhere, Bitcoin crossed the $50,000 threshold for the first time in four weeks.

That said, Tuesday's rally was broad-based with many sectors logging gains."Besides the fact that it's Tuesday and we had a big sell-off yesterday, there's really not much driving the action this morning," said market analysts at Bespoke Investment Group in a note.This isn't the first time the market has swung wildly within days of a sell-off. That's just the state that Wall Street is in right now.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

nice

🇪🇹 1000s civilians in Amhara and Afar region massacred by TPLFTerroristGroup MaikadraMassacre AgamsaMassacre ChenaMassacre GalicomaMassacre KoboMassacre FMCastaldo ZovkoEU guetta_en k_langensiepen chrismes Mariearenaps michaelgahler tomastobe davidmcallister

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Santoli’s Tuesday market notes: Stocks recover from the swoon, but the set-up remains fragileNew for subscribers: Santoli’s Tuesday market notes: Stocks recover from the swoon, but the set-up remains fragile. Check out CNBCPro today. Pro A simple easing of tariffs would make some Chinese stocks 🚀 instantly. 💯
Source: CNBC - 🏆 12. / 72 Read more »

Stocks Fall, Driven by Facebook, Alphabet and Other Tech StocksA selloff in Facebook stock and shares of other Big Tech companies pushed major U.S. indexes down Monday WSJWhatsNow One of the best things I love about trading with markdonaldlisaT is that you only see positive results and see good winnings at all times from the team. Just hard work, passion and revolutionizing the market as we know it. World better off without Facebook. Is that why Facebook, WhatsApp and Instagram are down?
Source: WSJ - 🏆 98. / 63 Read more »

Analyst doubles down on tech stocks, names his favorite stocks to buy on the dipDespite Monday’s rout in tech stocks, Wedbush Securities analyst Daniel Ives says it’s time to double down on a number of “winners.” Pro horrible
Source: CNBC - 🏆 12. / 72 Read more »

Missed out on Tesla? Wall Street analysts name their top EV stocks for this quarterThere are plenty of other electric vehicle stocks. Here, analysts from JPMorgan, Morgan Stanley and Bank of America name their favorites.
Source: CNBC - 🏆 12. / 72 Read more »

These stocks have major momentum as third-quarter earnings roll out, says Wolfe ResearchNew for subscribers: These stocks have major momentum as third-quarter earnings roll out, says Wolfe Research. Check out CNBCPro today.
Source: CNBC - 🏆 12. / 72 Read more »

Dow sheds 400 points as investors ditch technology stocks, Nasdaq drops 2.5%Tesla bucked the trend after the company said this weekend that it delivered 241,300 electric vehicles during the third quarter, well above analysts estimates. AMC CitadelScandal KenGriffinToJail VladTenevLied VladTenevToJail HoldTheMarketAccountable KenGriffinLied BanPFOF GaryGenslerWhatchaGonnaDo ChokeOnThat Joe now owns what happens to the stock market. 10/1 Facebook not that big of a deal
Source: CNBC - 🏆 12. / 72 Read more »