• US stocks rebound after positive signals from the Federal Reserve.
• The Dow Jones surges 585 points, Nasdaq gains 1.95%, and S&P 500 climbs 1.47%.
• Fed’s Mary Daly suggested the potential for two rate cuts this year, fueling market optimism.
• Trump dismisses the Census Bureau chief and imposes tariffs on 69 countries!
Investors are closely watching major corporate earnings this week, with growing expectations for a September rate cut.
• US services PMI and ISM non-manufacturing PMI data will be released this afternoon.