#MarketRebound The market is indeed rebounding, driven by various factors. Here are some key developments:
- *Asian Markets*: Asian equities have mounted a robust recovery, outperforming US markets after President Trump's recent policy reversals on tariffs and Federal Reserve leadership. Japan's Nikkei 225 climbed 0.6%, while Australia's S&P/ASX 200 rose 0.8%.
- *US Markets*: The S&P 500 rose 1.7%, the Dow Jones Industrial Average increased by 419 points, and the Nasdaq Composite gained 2.5%. Big Tech stocks, including Nvidia and Tesla, led the charge.
- *Currency Market*: The USD/CHF pair rebounded above 0.825 after falling below 0.810 earlier this week. The Japanese yen also rebounded after corporate service inflation beat estimates, with USD/JPY trading at 142.44, down 0.67% on the day.
- *Stocks*: Some stocks showing strong rebounds include ¹ ²:
- *Jagsonpal Pharmaceuticals*: Gained 7.49% after two consecutive days of decline, outperforming its sector by 6.21%.
- *Supreme Petrochem*: Showed significant activity, gaining 6.4% amid broader market gains.
These market movements are influenced by factors