US Stocks Rebound Sharply, Easing Recession Fears

US stocks rebounded on Tuesday, erasing Monday`s losses, as recession fears subsided and investors took advantage of the dip to buy stocks. The S&P 500 and Nasdaq 100 both rose by 1%, while the CBOE Volatility Index plummeted 29%. Experts, including the creator of the Sahm Rule, downplayed recession concerns, emphasizing the economy`s continued growth. Market strategists viewed the recent market decline as a normal occurrence in bull markets. All sectors saw gains, with technology and healthcare stocks leading the way. Despite the market volatility, Goldman Sachs CEO remained optimistic about the economy and predicted no immediate interest rate cuts from the Federal Reserve.