📈 Index Performance
Wall Street staged a broad rebound Monday. The S&P 500 climbed 2.34% to 7,549.94, the Nasdaq-100 jumped 2.74% to 25,253.14 — its best day since July 30 — and the Dow added 2.15% to 52,390.05. CNN Fear & Greed rose to 32, still in Fear territory, while the VIX tumbled 22.24%.
🔥 Sector Performance
Every sector finished higher. Industrials and tech led, up 3.82% and 3.72%, respectively; consumer discretionary rose 2.92%, communication services gained 2.45%, and materials and healthcare each added 1.91%. Crude sold off sharply after Trump said he was in no rush to strike Iran. $Advanced Micro Devices(AMD)$
🌍 Key Drivers
With midterm results now in the books, the market began to shake off extreme fear over Democratic policy. After Thursday’s rout, breadth repaired quickly and stocks rallied across the board. Still, the move looks like an oversold bounce — a “dead cat bounce” — and follow-through will be key.
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