The Dow Jones stock market rebounded strongly after the Fed's sale at 631 points
2026-09-18 01:15:14
According to CoinMeta, the Dow Jones stock market rebounded strongly after a 631-point decline, regaining some of its losses on Thursday due to the decline in oil prices and Treasury yields. The Dow Jones Industrial Average rose by about 300 points, or 0.6%, during morning trading, while the S&P 500 Index rose by about 1.1%, and the Nasdaq Composite Index rose by about 1.6%. On Wednesday, the Federal Reserve raised interest rates for the first time by 25 basis points to 3.75%-4.00%, causing market volatility. On Thursday, the decline in oil prices and Treasury yields provided some relief to Wall Street; the yield on the benchmark 10-year Treasury note fell below 4.95%, and the price of Brent crude oil dropped by more than 2%, approaching $103 per barrel. Despite the market rebound, investors still need to be cautious about the risk of further interest rate hikes by the Federal Reserve.
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Source:Coinpaper
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