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Wall Street rebounds as corporate earnings boost sentiment

Markets,Banking And Finance

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U.S. stocks rebounded Wednesday, buoyed by strong earnings from Morgan Stanley, United Airlines, and others, which helped to offset recent losses in technology shares. U.S.: Markets stabilize as corporate earnings fuel optimism The S&P 500 gained 0.47%, recovering somewhat from Tuesday’s slump, while the Dow Jones added 0.79%. Nvidia shares rose 3.1%, after a sharp decline the previous day. U.S. markets had seen a dip earlier this week due to a warning from ASML about weakness in the semiconductor sector outside of AI, though the chip giant recovered slightly in...

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