U.S. stocks experienced a resurgence on Monday as they sought to bounce back from a significant sell-off, which had driven major indices to their lowest levels in several months, plunging them into bear market territory. Investors remained vigilant about trade developments, as concerns about a recession, fueled by President Trump's extensive tariff policies, continued to loom large. Despite the market's turbulence, President Trump indicated on Monday that numerous nations worldwide were engaged in negotiations with the U.S. to forge agreements and avert tariffs. He also confirmed a conversation with Japanese Prime Minister Shigeru Ishiba concerning trade matters. Meanwhile, China criticized the U.S.'s tariff approach as "economic bullying," but Trump maintained that tariffs would persist until the trade imbalance with China was resolved. By the day's close, the S&P 500 rose by 3% after an initial drop of nearly 4%, while the Dow Jones Industrial Average climbed 800 points, and the Nasdaq Composite increased by 3.8%.
FX.co ★ US Stocks Rebound After Sharp Sell-off
US Stocks Rebound After Sharp Sell-off
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