Stock market today: Dow, S&P 500 surge as stocks mount a comeback from deep losses
Published On Sep 9, 2024, 9:32 AM
US stocks saw a rebound after a tough previous week, primarily driven by major gains in the S&P 500, Dow Jones, and Nasdaq. Key sectors such as Financials, Industrials, and Energy led the recovery, with significant boosts from major companies like Nvidia, Tesla, and Amazon. The market is currently focused on upcoming consumer and producer inflation reports which may guide the Federal Reserve's decisions regarding interest rates. Investors are also closely watching Apple's latest iPhone launch and product updates during its annual event, although Apple's stock showed little movement on the day.