After a turbulent start to the quarter, global markets are showing signs of a strong rebound. Investors are breathing a sigh of relief as major indices like the S&P 500 and NASDAQ post their best weekly gains in over two months. Analysts attribute the recovery to easing inflation fears, stronger-than-expected corporate earnings, and renewed optimism around central bank policies.
Technology and energy stocks led the rally, with companies like Apple, Nvidia, and ExxonMobil posting significant gains. Market sentiment was also buoyed by a drop in bond yields and positive economic data suggesting a soft landing may be in reach.
While volatility isn’t off the table, many analysts believe this could mark the beginning of a more stable period for equities.
“We’re seeing resilience in both consumer spending and corporate performance,” said Julia Tan, a senior market strategist. “It’s a promising shift from the fear-driven trading we saw earlier this year.”
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