US stocks rebounded on Monday following a recent sell-off, as investors awaited the Federal Reserve’s policy decision and Apple’s earnings report. The S&P 500 climbed about 1% after officially entering correction territory, while the Dow Jones Industrial Average jumped roughly 1.6%, or over 500 points. The tech-heavy Nasdaq Composite also rose around 1.2%. Market participants are hoping that these upcoming events will boost sentiment in the stock market, which has faced challenges in recent months. Additionally, the US jobs report for October, scheduled for release on Friday, will be closely watched by investors. The Fed’s stance on inflation and interest rates will also be of interest, as a recent increase in inflation has raised expectations of the central bank maintaining its accommodative policy.
Investors Anticipate Fed Decision and Apple’s Earnings, Leading to Surge in US Stocks
