Wall Street Bounces Back After Last Week’s Slump, Tech Stocks Rebound

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U.S. stocks are showing a positive trend today, with the S&P 500 increasing by 0.7% in early trading. The Dow Jones Industrial Average has risen by 112 points, or 0.3%, and the Nasdaq composite is up by 1.1%. Major Tech stocks, such as Nvidia, are recovering from the losses experienced last week. Alphabet and Tesla are scheduled to announce their latest results on Tuesday. Treasury yields are maintaining stability in the bond market following President Joe Biden’s announcement that he won’t seek re-election. This is the most recent update from Wall Street as the market aims to bounce back from last week’s decline.

Stock Performance

The S&P 500 has increased by 0.7% in early trading, while the Dow Jones Industrial Average has risen by 112 points, or 0.3%. The Nasdaq composite is up by 1.1%, indicating a positive trend in the stock market today.

Major Tech stocks, such as Nvidia, are recovering from the losses experienced last week, contributing to the overall positive performance of the market.

Upcoming Announcements

Alphabet and Tesla are scheduled to announce their latest results on Tuesday, which will likely impact market sentiment and stock performance in the coming days.

  • Alphabet
  • Tesla

Bond Market Stability

Treasury yields are maintaining stability in the bond market following President Joe Biden’s announcement that he won’t seek re-election, providing a sense of assurance to investors in the bond market.

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