Dow, S&P 500, Nasdaq rebound to erase early losses with help from tech stocks

From Google News: 2024-07-25 11:18:07

The Dow Jones Industrial Average surpassed 40,000 points as the S&P 500 and Nasdaq staged a recovery to erase early losses. This momentum was driven by gains in major tech stocks, including Apple and Microsoft. The positive market performance was also attributed to strong corporate earnings reports, which boosted investor sentiment. Despite initial dips, the S&P 500 and Nasdaq managed to close higher for the day. This uptrend follows a period of uncertainty and volatility in the markets, providing a welcome relief for investors. The economy is showing signs of resilience amid ongoing challenges and uncertainties.



Read more at Google News: Dow reclaims 40,000 as S&P 500, Nasdaq erase early losses – MarketWatch