US equity markets rebounded a day after the benchmark indices logged their worst session in three months - Dow rallied +300-points or +0.99%, its largest one day point and percentage gain since 6 January a day after logging its worst single session decline (-634-points or -2.1%) since 28 October last year. The broader S&P500 rose +0.98%, with Financial, Materials and Industrials gaining over >1.5% leading all eleven primary sectors higher – the first time all key S&P500 sectors have advanced since 13 November last year. The Nasdaq gained +0.44%. Apple Inc (down -3.50%) and Facebook Inc (-2.62%) The small capitalisation Russell 2000 index slipped -0.10%. Overall trading Volumes surged, with more than >23B shares traded, the highest since May 2019, according to Dow Jones Market Data.
