U.S. stocks rebound on the 2nd, Dow Jones rises 295 dollars on technical buying
U.S. stock markets rebounded on the 2nd, with the Dow Jones Industrial Average rising $295.07 from the previous session to close at $53,061.95, snapping a four-session losing streak. Buyers stepped in seeking a technical rebound following the recent selloff. The August ADP National Employment Report showed private payroll growth missed market expectations, easing concerns over accelerated U.S. rate hikes and prompting short-covering.
* Dell Technologies
* The NASDAQ Composite Index rose 118.05 points to 26,217.82, also rebounding for the first time in four sessions. NVIDIA
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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