US stocks rebound as oil prices fall and bond yields ease after Fed rate hike

On Thursday, US stocks surged, reclaiming nearly all their weekly losses due to declining oil prices and reduced pressure in the bond market, allowing Wall Street to bounce back from previous declines. Following the Federal Reserve's initial interest rate hike in years, indications of further increases contributed to notable weekly volatility in the stock markets.

This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.