Wall Street's Dow Jones Rebounds, Rises Over 600 Points
Listen to the story
The Dow Jones Industrial Average rebounded on Wall Street, rising by as much as 600 points at one stage during trading.
Healthcare-related stocks showed the most noticeable gains, helping to push the overall index higher.
By the four o'clock hour, the Dow was up 492 points compared to the previous session.
Meanwhile, in Chicago, Nikkei futures for Japan's stock index were trading at 65,000 yen.
Earlier in the morning session, the U.S. market showed mixed results, with no clear direction among investors.
This mixed movement came from two opposing forces. Rising interest rates made some stocks seem too expensive, creating a sense of overvaluation.
At the same time, technology stocks appeared more reasonably priced to some investors, creating a sense of value for buyers.
As a result, buying and selling activity crossed paths throughout the session, with investors reacting differently to these competing signals.
The overall pattern reflected uncertainty in the market about how rising rates will affect different sectors going forward.
While some investors pulled back from stocks they saw as costly, others moved in to purchase what they viewed as good deals, especially in the tech sector.
This back-and-forth trading created volatility, though healthcare stocks managed to stand out with consistent gains throughout the day.
Vocabulary10 words
- Dow Jones Industrial Average
- a number showing how major American companies are performing
- Healthcare
- businesses related to medicine and treating illness
- Nikkei futures
- contracts that predict Japan's stock market price in the future
- interest rates
- the price charged for borrowing money
- overvaluation
- when something's price is higher than it should be
- value
- when a price seems fair or good for what you get
- session
- a period when the stock market is open
- volatility
- frequent and big changes in price
- sector
- a specific area or type of business
- trading
- the act of buying and selling
Quiz
Answer key
1. By as much as 600 points 2. High interest rates making stocks look expensive, and tech stocks looking cheap 3. True
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
The Dow Jones Industrial Average rebounded on Wall Street, rising by as much as _____ points at one stage during trading.
_____-related stocks showed the most noticeable gains, helping to push the overall index higher.
By the four o'clock hour, the Dow was up _____ points compared to the previous session.
Meanwhile, in Chicago, Nikkei futures for Japan's stock index were trading at _____ yen.
Earlier in the morning session, the U.S. market showed _____ results, with no clear direction among investors.
This mixed movement came from two opposing forces. Rising _____ made some stocks seem too expensive.
At the same time, technology stocks appeared more reasonably _____ to some investors.
As a result, buying and selling activity _____ paths throughout the session.
This back-and-forth trading created _____, though healthcare stocks managed to stand out with consistent gains.


