US stock markets witnessed a strong rebound, recovering from Thursday’s decline, with all major indices closing in the green. The Dow Jones surged 601.41 points (1.39%) to close at 43,840.91, marking a solid recovery. Meanwhile, the Nasdaq rose 309.66 points (1.67%) to settle at 18,854.08, buoyed by gains in technology and growth stocks. The S&P 500 also posted a significant rise, climbing 92.93 points (1.59%) to finish at 5,954.50.
The recovery was driven by renewed investor optimism, supported by better-than-expected economic data and positive corporate earnings reports. Analysts suggest that the market rebound indicates resilience amid ongoing concerns about inflation and interest rate hikes.
Disclaimer: This article is for informational purposes only and should not be considered as financial advice.
