Add a listing
0
Add a listing

Dow posts 600-point gain Wednesday, stocks jump from bear-market lows

dow posts 600 point gain wednesday stocks jump from bear market lows

The Dow and S&P 500 snapped a six-session skid on Wednesday as equities rallied sharply and bond yields retreated after the Bank of England took a surprising U-turn with a new plan to buy U.K. government debt. The Dow Jones Industrial Average DJIA, +1.88% rose about 548 points, or 1.9%, ending near 29,683, ending a six-session decline, according to Dow Jones Market Data. The S&P 500 index SPX, +1.97% advanced 2% and the Nasdaq Composite Index COMP, +2.05% jumped 2.1%. A decision tobuy unlimited amounts of U.K. long-dated government debt came after the pound fell to a record low after last Friday’s U.K. budget announcement which sent bond yields soaring. The Dow entered its first bear market this week since 2020 as investors worried about the Federal Reserve’s aggressive tightening cycle and recession fears.

Related Posts

Recent Posts
Leading Key
Asian Shares Asian Stocks bafin Blog brent brokerswatch CBI Ireland cftc cointelegraph Commodities Crude Oil energy european fca fcnb FINRA Forex fsma fxpro Gold gold-price Inflation Interview Market Analysis markets Marketwatch News News stories oil oott OPEC Press Release Press Releases Roboforex Russia Speech Statements stock markets Stocks Technical analysis tickmill Trading Warning Notice wti xgloabalmarkets
About
brokerswatch white red logo

Searching for the right forex broker is no easy task, but have no fear! Brokerswatch Forex Brokers Directory has made it very simple.  Find the right brokers based on the criteria most important to you and compare them side by side for easier selection

Twitter Facebook-f Instagram Linkedin Reddit

Brokers By Regulator

Forex Brokers List

Trading Tools

Risk Warning: FX trading is high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment goals, experience and risk tolerance levels. Loss of  part or all of your initial investment is possible;  therefore do not invest money that you cannot afford to lose. It is advised to educate yourself about FX trading before you trade real money. Disclaimer:  All data and information on this Website are provided “as is” and to be used only for information purposes.  Information is not  intended for trading or trading recommendations.  The operators of this website shall not be liable for any loss incurred by you as a result of reliance on the information contained in the Website.