In a day marked by a notable rebound, global stock markets showed signs of resilience, with the Dow Jones Industrial Average climbing more than 300 points, indicating a return to winning ways for the first time in three sessions.
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In a day marked by a notable rebound, global stock markets showed signs of resilience, with the Dow Jones Industrial Average climbing more than 300 points, indicating a return to winning ways for the first time in three sessions.
The Dow Jones Industrial Average ended the day on a positive note, lifted by Federal Reserve Chair Jerome Powell’s recent statements suggesting a potential pause on interest rate hikes, which calmed investor fears over persistent inflation.
Tuesday saw a downturn in global markets, marked by the Dow Jones Industrial Average tumbling over 550 points, its most significant monthly drop since September 2022.
The US stock markets experienced notable gains, largely driven by Tesla’s significant rise and the collective anticipation of a busy earnings week.