U.S. Stocks Stabilize After Recent Plunge
U.S. stocks are showing signs of stability after experiencing a significant tumble in the past few days. The S&P 500 and the Dow Jones Industrial Average are both in positive territory, up 0.5% and 0.2% respectively. The Nasdaq composite is also up by 0.7%. The increase in stocks is attributed to a decrease in bond yields, which has provided some relief to investors. The Federal Reserve is closely watching the data on U.S. workers and inflation, as it considers whether to cut interest rates. The tech sector is also recovering, with Microsoft and Alphabet posting gains after their recent dip.
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