S&P 500 & Nasdaq SOAR! Is This a Bull Trap? | Market Update

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Did you know the Dow was up over 1,100 points at one point Wednesday before closing with a more modest gain? Despite this volatility, the S&P 500 and Nasdaq also saw gains for the second day in a row, fueled by hopes of easing trade tensions between the U.S. and China and Trump's reassurance about not firing Fed Chair Jerome Powell. However, IBM and Southwest Airlines saw declines in after-hours trading following their earnings reports. Furthermore, market analysts remain cautious, suggesting the market is still in a correction phase. Subscribe to our channel for more market updates and expert analysis.

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