US Stock Markets Rebound Amid Global Uncertainty
US Stock Markets Rebound Amid Global Uncertainty

US Stock Markets Rebound Amid Global Uncertainty

News summary

U.S. equity markets rebounded on Tuesday, with the S&P 500 rising 0.97% and the Nasdaq Composite gaining 1.45%, driven largely by strong performances from technology stocks, particularly Nvidia and Palantir Technologies. Investors were encouraged by easing oil prices and optimistic outlooks on tech earnings, despite ongoing geopolitical tensions in the Middle East. The Dow Jones Industrial Average also increased, adding 126.13 points. Conversely, the energy sector experienced a decline of 2.63% as oil prices fell 4.6%, raising concerns about demand in China. European markets, however, closed lower, with notable declines in major indices like the FTSE and CAC 40. Overall, global markets remain mixed as investors await key U.S. inflation data and corporate earnings reports amidst uncertainty.

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