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CNBC Daily Open: Stocks rebound from lows but remain volatile amid confusing market - TL;DR CNBC

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

Tickers: JPMNVDA

Keywords: jpmorgan chase & counited statesjanet yellentechnologyrussiaukrainecentral bankingbusiness newsjapanworld marketsinflationeconomic eventschinanvidia corppoliticsmarketsjamie dimon

Source: https://www.cnbc.com/2023/02/24/stock-markets-stocks-rebound-from-lows-but-remain-volatile.html


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