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Wall Street Recovers from the Sell-Off as the Dow Jumps 300 Points and the S&P 500 Gains 1%

Tuesday saw a rise in stocks, partially offsetting losses from the previous trading day. 1.3% gains were made by the S&P 500.

Both the tech-heavy Nasdaq Composite and the Dow Jones Industrial Average increased by 1.3% and 332 points, respectively. The day ended with gains for each of the eleven broad market indices.

After a steep decline on Monday, a number of significant technology stocks also saw a recovery. Meta Platforms increased by 2.5%, and Nvidia by 3.6%.

Apple, meanwhile, dropped by about 2% as it carried on declining. The recovery in Japanese stocks was encouraging.

The Nikkei 225 rose 10.2%, marking the highest day since October 2008. That increase occurs one day after the benchmark saw its largest daily loss since 1987—a 12.4% decrease.

Source (CNBC)

SourceCNBC
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