Stocks Rebound as Investors Eye Inflation Data and Tech Unveils
Markets recover from last week's selloff with gains in major indices and key tech announcements.
- S&P 500, Dow Jones, and Nasdaq Composite all rose over 1% following heavy losses last week.
- Investors are focused on upcoming inflation reports to gauge potential Federal Reserve rate cuts.
- Apple introduced the iPhone 16 and new features for Apple Watch and AirPods at its annual event.
- Oracle shares climbed post-earnings, while airline stocks surged on positive analyst upgrades.
- Summit Therapeutics saw a significant rise after positive Phase 3 trial results for its lung cancer drug.
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