Stocks Rebound After Fed Fueled Sell-Off; Nasdaq Jumps Almost 2%

Nasdaq Jumps Nearly 500 Points as Wall Street Rebounds From Fed-Driven Selloff

Stocks recovered most of Wednesday’s losses as technology shares rallied, bond yields eased and investors weighed lower oil prices after the U.S.-Iran agreement reopened the ... The post Nasdaq Jumps Nearly 500 Points as Wall Street Rebounds From Fed-Driven Selloff first appeared on [your]NEWS.

Fed Shock Leaves Wall Street Watching Rates Again

(New York, New York) – Wall Street is trying to steady itself after the Federal Reserve sent investors a reminder that rate cuts are not guaranteed. The Fed held its benchmark rate unchanged at 3.5% to 3.75% on Wednesday, but the bigger market reaction came from the tone around inflation. New Fed Chair Kevin Warsh’s first policy meeting signaled a more cautious central bank, with officials now leaving room for a possible rate hike before the end…

Stocks Rebound After Fed Fueled Sell-Off; Nasdaq Jumps Almost 2%

Stocks rebounded on Thursday following a sell-off on Wednesday resulting from potential rate hikes from the Fed.

Wall Street rebounds from Fed sell-off over interest rates, ends week on high note

Stocks rose Thursday morning as Wall Street tried to recover from a sell-off the previous day, when Fed Chair Kevin Warsh came out with a tough, anti-inflation stance that spooked investors hoping for interest-rate cuts.

Stocks bounce back; Iran deal, chips boost market despite Fed worries

Nasdaq soared 1.9% Thursday as chip stocks surged after Apple agreed to work with Intel, driving Intel up 10.6% to a record high; the rally followed an interim U.S.-Iran deal that eased inflation fears, but risks remain with Fed rate hikes and fragile ceasefire talks. The post Stocks bounce back; Iran deal, chips boost market despite Fed worries appeared first on TechStock².