US stocks rebound after suffering heavy losses amid Fed’s rate cut on Tuesday. Healthcare and technology shares lead the rally in early trade. Wall Street’s main indexes started the day decisively higher on Wednesday as the panic-selling that was triggered following the Federal Reserve’s emergency rate cut on Tuesday seems to have faded away. Major US indexes surge As of writing, the Dow Jones Industrial Average was up 2.65% on the day while the S&P 500 and the Nasdaq Composite were adding 2.1% and 1.95%, respectively. Major victories from Democratic presidential candidate Joe Biden during Super Tuesday seems to be providing a boost to the S&P 500 Healthcare Index, which was last up 3.75% on the day as the best performing major sector. Additionally, the risk-sensitive S&P 500 Technology Index is up 2.3% to reflect the upbeat market mood. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US: Markit Composite PMI (final) drops to 49.6 in February as expected FX Street 2 years US stocks rebound after suffering heavy losses amid Fed's rate cut on Tuesday. Healthcare and technology shares lead the rally in early trade. Wall Street's main indexes started the day decisively higher on Wednesday as the panic-selling that was triggered following the Federal Reserve's emergency rate cut on Tuesday seems to have faded away. Major US indexes surge As of writing, the Dow Jones Industrial Average was up 2.65% on the day while the S&P 500 and the Nasdaq Composite were adding 2.1% and 1.95%, respectively. Major victories from Democratic presidential candidate Joe Biden during Super Tuesday seems to be providing… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
