US stocks rebound as Middle East tensions ease
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#c0f35c29 ver:0.73

U.S. stocks rebounded on Monday following steep losses in the previous session as tensions in the Middle East eased, boosting risk appetite. The Dow Jones Industrial Average rose 0.12%, while the S&P 500 and the Nasdaq Composite also saw gains. Some megacap growth stocks like Meta Platforms, Amazon.com, and Apple edged higher, and Nvidia rebounded from a previous drop. Market participants are adjusting their interest rate cut expectations from the U.S. Federal Reserve after strong economic data signaling persistent inflationary pressures. The price consumption expenditure (PCE) index reading for March, the Fed's preferred inflation gauge, is expected to further ascertain the monetary policy trajectory. Fed policymakers are in a media blackout ahead of their latest policy meeting on May 1. ...

#newstr #UsStocks #MiddleEastTensions #TechEarnings #Inflation #InterestRateCut #FederalReserve 

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