02.12.202521:04:06UTC+00US Stocks Regain Footing

On Tuesday, U.S. stocks experienced a rebound, with the S&P 500 gaining 0.3%, the Nasdaq increasing by 0.9%, and the Dow Jones Industrial Average adding 200 points. This recovery followed a sharp selloff on Monday, as the markets regained stability. Investor confidence was bolstered by a Bitcoin rebound, while positive performances in the AI and software sectors, such as Nvidia's 0.9% rise and Palantir's 1.9% gain, helped stabilize sentiment, although Broadcom fell by 1.2% due to profit-taking. The upward trend was driven more by significant individual movers, including a 10.2% surge in Boeing, an 8.7% increase in Intel, and a 4.7% rise in AppLovin, rather than major tech companies. Market participants remained attentive to a busy schedule of economic data releases, particularly focusing on the delayed September Personal Consumption Expenditures (PCE) report ahead of next week's Federal Open Market Committee (FOMC) decision. Markets still consider there to be a high likelihood of a 25 basis point interest rate cut and are using incoming data to refine their expectations. Earlier in the trading session, bond yields increased as global sovereign yield curves adjusted, which constrained the stock market recovery.