Market Rebound Lifts Nasdaq 2%, S&P 500 1.6%
- Barry Adams
- U.S.A. New York City
The S&P 500 index and Nasdaq Composite gained 1.5% and 2% respectively. The benchmark indexes opened higher and steadily climbed higher ahead of earnings from tech bellwethers. Crude oil price fell 5% and natural gas price dropped 8% fueling investor optimism. However, 10-year U.S. Treasury bond yield rose to 2.938%. Airlines stocks and tech stocks led the gainers.
Annual Returns
| Company | Ticker | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| International Business Machines Corporation | IBM | -1% | 36% | 10% |
| Netflix Inc | NFLX | -3% | 87% | 54% |
| American Airlines Group Inc | AAL | -1% | 25% | -3% |
| Alphabet Inc | GOOG | 3% | 35% | 55% |
| Xerox Corporation | XRX | -13% | -48% | 14% |