The Dow Jones Industrial Average (DJIA) has experienced a significant rebound, closing at its highest level since August when it faced a major sell-off due to rising inflation concerns and interest rate hikes by the Federal Reserve. This sharp recovery marks a notable shift in market sentiment, with investors increasingly optimistic about the US economy’s resilience.
Source: https://www.ft.com/content/44ec214b-3648-486a-9608-a99679f19cec