Stocks Rebound; Broadcom, Snowflake & HPE Deliver Earnings | Closing Bell
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Watch comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Sally Bakewell, Lisa Mateo, and Tim Stenovec. Stocks rose after a drop fueled by concerns about inflation, with attractive valuations and solid corporate earnings luring bargain hunters. The S&P 500 halted a three-day decline. Dell Technologies Inc. soared 16% on a solid outlook. A slowdown in the oil rally that had recently rattled global markets helped sentiment, though US crude settled above $90. Treasury yields edged lower after a surge to multi-year highs. The yen climbed, leaving traders on alert for further intervention. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloom
Tags: Lisa Mateo, Romaine Bostick, Sally Bakewell, Tim Stenovec
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