Tuesday, March 14, 2023

Dow jumps 334 points in broad rebound stock rally

  • Dow jumps 334 points in broad rebound stock rally

    All three of the major stock averages rebounded Tuesday, helped by a broad rally in all 11 of the S&P's largest sectors, with gains led by communication, technology and financial shares. Regional banks also recovered, as fears of an industry contagion eased, with the KBW Banking Index rising over 3%. In commodities, oil fell 4.6% to $71.33 per barrel.

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