Sp 500, Nasdaq Bounce Back After Prior Days Losses

4 Hour(s) Ago    👁 22
sp 500 nasdaq bounce back after prior days losses

Wall Street stocks mostly rose early Wednesday, bouncing back after the prior sessions losses amid bullish investment sentiment in spite of the US government shutdown.

Major indices remain near record levels, with analysts pointing to enthusiasm about artificial intelligence and expected Federal Reserve interest rate cuts as factors.

When there is a dip, buyers step up, said Briefing.com analyst Patrick OHare. That has been the playbook time and again since the April low.

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