Dow Jumps 200 Points on Thursday, Posts Best Week in a Month After Fed-Induced Selloff

US30-0.09%
US500-0.11%
U.S. equities rebounded on Thursday morning (June 18) after reversing Wednesday's decline, with the Dow Jones Industrial Average climbing over 200 points. The DJIA gained around 0.4% to approximately 51,708.55, the S&P 500 index rose around 0.8%, and the Nasdaq Composite jumped more than 1%. The rebound followed investor reassessment of interest rate expectations after the Federal Reserve maintained rates unchanged at 3.5% to 3.75% during Kevin Warsh's first meeting as Chair.
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