US Equities Rebound from 7-Month Low
2026-03-30 13:38
By
Andre Joaquim
1 min. read
US stock indices rebounded from seven-month lows on Monday with support from a rebound in Treasuries across the curve, as markets continued to assess the impact that higher energy prices will have in the economy.
The S&P 500, Dow, and Nasdaq 100 were around 0.7% higher.
Crude oil and product prices rose further after Houthi attacks threatened exports from the Red Sea, while President Trump delivered more threats to Iran should a deal not be reached soon.
Still, bond yields eased from peaks in a sign that growth concerns from energy shortages are being considered in tandem with inflationary risks, supporting equities that have been pressured by higher credit costs.
Stocks in the technology sector were mostly higher after their sharp losses from Friday extended the Nasdaq's underperformance with Nvidia, Amazon, and Microsoft gaining over 1%.
Banks also rose amid the respite for bonds, with JPMorgan and Bank of America advancing over 1%.