📈 Market rebound refers to a significant increase in stock prices or market indices after a period of decline or stagnation. Recently, there have been signs of market rebound in various regions.
🏅Recent Market Performance:
💓 S&P 500: The S&P 500 index pushed off support at the 200-day simple moving average and is higher by more than 1% recently, indicating a potential rebound. As of June 2, 2025, the S&P 500 index was at 5917.00, with a percent change of -0.39%.
💓 Nasdaq: The Nasdaq index also showed signs of rebound, with a current price of 21423.60 and a percent change of -0.43% as of June 2, 2025.
💓 Asian Markets: Malaysian equities rebounded on Tuesday following an extended weekend, although the market is expected to remain in consolidation mode. Japan's Nikkei 225 and Topix also showed signs of rebound, led by industrial and technology stocks.
🏅Factors Influencing Market Rebound:
💓 Strength in Chip Stocks: Strength in chip stocks led the broader market higher, with energy producers rallying after the price of WTI crude rose more than 2% to a 1-1/2 week high.
💓Global Developments: Industrial and technology stocks led the rebound in Japan, with notable gains from Mitsubishi Heavy and Kawasaki.
💓 Trade Relations: Despite escalating US-China trade tensions, some stock indexes have rebounded, with markets discounting the chances of a rate cut. . . !!! #MarketRebound