The New York Stock Exchange concluded in sharp rebound Thursday rejoiced by inflation that is slowing in the United States. The Dow Jones index gained 1.14% to 34,029.69 points, the tech-heavy Nasdaq climbed 1.99% to 12,166.27 points and the broader S&P 500 index advanced 1.33% to 4,146.22 points.
The prospect that the central bank may soon pause its rate hikes also stems from early signs of a slowdown in US activity.