Stocks recuperated much of their sharp losses from a day before, activated by concerns that interest rates will remain high for months longer than hoped
ByThe Associated Press
February 14, 2024, 4: 18 PM
Stocks recuperated much of their sharp losses from a day before, setoff by concerns that interest rates will remain high for months longer than hoped.
The S&P 500 increased 1% Wednesday, excellent for more than two-thirds of its loss from Tuesday following a hotter-than-expected report on inflation. The Dow Jones Industrial Average included 0.4%, and the Nasdaq composite climbedup 1.3%. Small-company stocks did even muchbetter.
A calmer bond market assisted keep thing