Wall Street stock indices rebounded on Monday after a steep Friday sell-off, as optimism for an earlier Federal Reserve interest rate cut prevailed.
At 9:33 AM, the Dow Jones Industrial Average rose 301.22 points, or 0.69%, to 43,889.80, the S&P 500 gained 48.91 points, or 0.78%, to 6,286.21 and the Nasdaq Composite was up 205.12 points, or 0.99%, at 20,855.25.
