Are Stocks Set to Rebound After Fed Day Sell-off? | Dow Jones, S&P 500 and Nasdaq Analysis

Reserve's announcement that it would not be reducing rates in March. The Dow Jones Industrial Average recorded a decline of 0.8%, marking its most significant drop since December. Simultaneously, the S&P 500 slid 1.6%, marking its most substantial decline since September. The Nasdaq Composite also suffered, losing 2.2% and posting its worst session since October.
Despite this setback, all three major averages concluded January on a positive note. The Dow finished the first month of the year with a gain of 1.2%, the S&P increased by 1.6%, and the Nasdaq showed a 1% uptick. Notably, futures linked to all three indexes displayed an upward trend in premarket trading on Thursday morning, suggesting optimistic market openings.
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