CNBC Daily Open: Stocks rebound from lows but remain volatile amid confusing market
Publishing timestamp: 2023-02-24 01:26:04
Summary
Stocks rebounded on Thursday, with the Dow Jones Industrial Average gaining 0.33%. Analysts are divided on whether this is a false rally or the start of a new bull market. Data released on Thursday showed that the US GDP was revised down from 2.9% to 2.7%, and consumer spending wasn't as strong as initially estimated. Two pieces of data coming out Friday will test the idea that markets can advance further this year.
Sentiment: MIXED
Keywords: jpmorgan chase & co, united states, janet yellen, technology, russia, ukraine, central banking, business news, japan, world markets, inflation, economic events, china, nvidia corp, politics, markets, jamie dimon,
Source: https://www.cnbc.com/2023/02/24/stock-markets-stocks-rebound-from-lows-but-remain-volatile.html