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U.S. Stock Indices Rebound, Dow Up 1.08% Treasury yields decline spurs shift from tech to consumer sectors
S&P and Nasdaq erase steep losses; Nasdaq 100 finishes slightly lower.
On October 15, US stocks staged a classic intraday reversal. The three major indices ultimately closed higher collectively: The Dow Jones Industrial Average rose 1.08% to close at 52,177.69. The S&P 500 gained 0.33% to close at 7,744.06. The Nasdaq Composite edged up 0.08% to close at 26,713.03. However, the internal…