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Market Rebounds on Fed Clarity and Oil Dip | US News
The stock market surged yesterday after the Fed’s first rate hike in three years, with tech stocks leading the rebound as investors snapped up beaten-down equities. Oil prices dipped to a one-week low, easing inflation fears despite Middle East tensions, while a stellar jobs report reinforced economic resilience. Markets now expect a 50%+ chance of another rate hike in October, and volatility fell to its lowest in over a week — signaling confidence that the economy can weather higher rates without hurting employment. Listen in comfort:Get a discount on a Soli Pillow…
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