Wall Street ends green as inflation cools, bank jitters ebb

AWANI
AWANI
  • tahun lalu
US stocks rebounded on Tuesday as inflation data and easing concerns over bank contagion cooled expectations for the size of the rate hike at the upcoming Federal Reserve policy meeting. The S&P 500 and Dow gained over 1%, while the tech-heavy Nasdaq surged over 2%. All 11 major sectors in the S&P 500 ended the trading day higher, with communication services enjoying the largest percentage advance.

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