Major US indices are rallying as buyers return to the market, with the S&P 500 surging past the 7,600 support level and the Dow Jones bouncing from a critical 51,550 floor, signaling renewed bullish momentum.
S&P 500 surged well above the 7,600 level and looks to reaffirm its bullish run toward 7,800.
Nasdaq 100 is trading higher in pre-market as buyers return after the Fed decision.
Dow Jones bounced from the 51,550 support zone with an oversold stochastic crossover, suggesting a potential bullish run.
US equity markets are staging a robust recovery in early Thursday trading, with the S&P 500, Nasdaq 100, and Dow Jones all posting gains. Investors have shrugged off recent Federal Reserve interest rate concerns, pivoting instead to evidence of unexpected economic resilience that has triggered a fresh wave of buying across major indices.
Markets are rallying because investors are focusing on US economic performance, which is exceeding Federal Reserve expectations, prompting a return of bullish sentiment.