Dow jumps more than 600 points as investors turn bullish

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Dow jumps more than 600 points as investors turn bullish

Published Tuesday 21 June 2022

Wall Street’s major indexes rebounded Tuesday as investors scooped up shares of megacap growth and energy companies hammered last week on worries over a global economic downturn. The Dow soared 641.47 points, or 2.2%, while the Nasdaq climbed 270.95 points, or 2.5%. The S&P 500 was up 89 points, or 2.5%. All 11 major S&P 500 sectors gained, as stocks rebounded broadly after the benchmark index last week logged its biggest weekly percentage decline since March 2020. Investors are trying to assess how far stocks can fall as they weigh risks to the economy with the Federal Reserve taking aggressive measures to try to tamp down surging inflation....

Apple Business Dow Economy Fed Chair Federal Reserve Future Interest Goldman Sachs Investors Jerome Powell Markets Microsoft Nasdaq Stock Stocks Tesla The Federal Reserve

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This article was originally published by New York Post and was recommended by Stocks48.com a couple of days later due to its popularity. It has gotten a lot of attention and 2 comments have been submitted since it was published in June of 2022. The article "Dow jumps more than 600 points as investors turn bullish" is a news post and categorized as Stocks by stocks48.com and the main topics includes Apple, Business, Dow, Economy, Fed Chair, Federal Reserve, Future Interest, Goldman Sachs, Investors, Jerome Powell, Markets, Microsoft, Nasdaq, Stock, Stocks, Tesla & The Federal Reserve.

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