The U.S. stock market rebounded on Monday, driven by dip-buying and anticipation of upcoming inflation data. Major indices recovered from last week’s losses, with the S&P 500 rising 1.16%, the Dow Jones Industrial Average gaining 1.20%, and the Nasdaq Composite increasing 1.17%.
Category: Daily Market Snapshot
Daily Market Snapshot: September 6, 2024
The U.S. stock market experienced a sharp decline on September 6, 2024, as investors reacted to weaker-than-expected job data and anticipated this week’s inflation reports (CPI and PPI). Major indices saw significant drops, led by weakness in tech and semiconductor stocks.