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US Markets Wrap: Wall Street Bounces Back as Tech Leads the Charge
Published 6 months, 3 weeks ago
Description
US stocks rebounded as easing oil prices and stronger economic data calmed fears of a growth scare.
The Dow, S&P 500 and Nasdaq all climbed, snapping a 3-day losing streak for the market.
Chipmakers such as Nvidia, AMD and Micron helped power the rally as investors returned to tech.
Kyle Rodda, Senior Financial Market Analyst at Capital.com weigh whether the rebound signals renewed confidence or just short term relief.
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