Dow rebounds 200 points from Wednesday’s rout
The Dow Jones Industrial Average rebounded on Thursday after experiencing its longest losing streak since 1974. Stock futures initially pointed to a recovery, with the Dow rising approximately 194-395 points (0.5-0.94%) following Wednesday's dramatic 1,100-point drop
The market recovery comes after the Federal Reserve's hawkish stance on interest rates, which triggered a significant selloff. The Fed signaled it would make only two quarter-point rate cuts in 2025, down from the four previously anticipated.Key market movements:
- Dow Jones futures initially up 0.5-0.7%
- S&P 500 futures rose about 0.5-0.9%
- Nasdaq futures increased 0.6-0.8%

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