Early Tuesday trading saw Wall Street stabilize, with the S&P 500 rising 0.6% and ending a three-day losing streak. The Dow Jones was up 48 points, and the Nasdaq gained 0.8%. This recovery comes after the S&P 500 fell over 6% due to concerns that the Federal Reserve’s aggressive rate hikes might be overly restrictive. Meanwhile, Japan’s stock market rebounded from its worst decline since 1987. Investors should note this recovery as a sign of potential stabilization in global markets.
