Dow Jones Jumps 350 points; Rebound begins for global markets | Peter Cardillo to ET Now
Wall Street rises as cyclical stocks rebound after selloff
July 9, 2021US STOCKS-Wall St set for lower open after inflation data; earnings limit declines
July 13, 2021Dow Jones Jumps 350 points; Rebound begins for global markets | Peter Cardillo to ET Now
Peter Cardillo speaks to ET Now to discuss the global markets and what is happening on the front of the global market. Wall Street jumps back into action after sell-off and Dow jumps more than 350 points in the market. While the global market is seeing a rebound, the overall outlook continues to remain upbeat, says Peter Cardillo. He further sheds light on the rising concerns over the Delta variant of COVID-19. Peter Cardillo further adds that the energy and banking shares rebound from a sharp sell-off. The 10-Year Treasury note also climbed 5 Basis points in the market, adds Peter Cardillo.
