“Dow climbs 20% from low as stocks rally and inflation fears ebb”
December 1, 2022
“US stocks surged on Wednesday, putting the blue-chip Dow Jones Industrial Average more than 20% above its September low after Federal Reserve Chair Jerome Powell’s dovish comments and signs of cooling US inflation raised hopes that the central bank will become less aggressive on interest-rates hikes.
The surge in the oldest of Wall Street’s three main stock indexes meets what some investors define as a bull market. Though analysts don’t always share the same definition for when to call the end of a bear market, which they say can only be recognized in hindsight…”
https://www.theedgemarkets.com/article/dow-climbs-20-low-stocks-rally-and-inflation-fears-ebb