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Niffy🌺
Currently, the US stock market is undergoing a technical rebound after a crash, not a trend reversal. On November 9, the Dow Jones rose 2.15% to 52,389.75 points, the S&P 500 increased 2.35% to 7,549.94 points, and the Nasdaq rose 2.74% to 25,253.14 points. The three major indexes have recovered part of the losses from the sharp drop on November 5. However, the premise of the rebound is the easing of US-Iran tensions, a sharp drop in oil prices, and an oversold rebound in tech stocks.
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