Big rebound in US stocks meets scepticism

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NEW YORK - US stocks soared early on Tuesday after the biggest three-day rout in five years, fuelled by the most oversold conditions since the depths of the pandemic and optimism the Trump administration will water down its harsh tariff regime.

The Cboe Volatility Index soared past 50 Monday and was still near 40 early Tuesday, well above its long-term average.

That comes after bets against the world’s largest exchange-traded fund — the SPDR S&P 500 ETF Trust (SPY) — climbed to the highest since December on Monday.

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Category: EconomyBusiness

Markets: ThailandChinaJapan

Topics: Oversold Tuesday Monday Stocks Index Market Rally

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 21:21:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 692 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 27729051

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

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Year Established: 1946

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Publisher ID: #66

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