Dow soars 500 points, Nasdaq, S&P rebound as Fed rate cut bets intensify on weaker payrolls
Wall Street’s main indexes bounced back on Monday after a sharp pullback in the previous session, buoyed by growing expectations of deeper Federal Reserve interest rate cuts following an unexpectedly weak jobs report. At 12:53 p.m. ET, the Dow Jones rose 529.99 points or 1.22% to 44,118.57, the S&P 500 gained 84.76 points or 1.36%…
