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Nasdaq, S&P 500 up Sharply in Final Hour as Stocks Rebound After Fed-Driven Fall
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5 Articles
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Pentapostagma
PentapostagmaDynamic rise in indices after Fed rate hike, supported by falling bond yields, rising technology and falling oil prices - Investors overcame the shock from Wars
·Marousi, Greece
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The Nasdaq led the rise with gains of 1.69% to 26,418 points. Nvidia, Amazon, Microsoft with rallies of 2.54%, 2.13% and 1.5% respectively. Intel jumped 7.67%.
Nasdaq Ends at 26,418; Falling Oil and Yields Drive the Post-Fed Rebound
The Nasdaq Composite closed at 26,418.30 on Thursday, up 1.69%, as a retreat in oil and Treasury yields released some of the valuation pressure created by the Federal Reserve’s first rate increase in more than three years. The S&P 500 added 1.14% to 7,637.72, while the Dow finished 316.28 points higher at 51,778.18, a gain…
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Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
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- 100% of the sources lean Right
100% Right
R 100%
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