US stocks rebound after the declines yesterday.

<p>The major US stock indices are closing higher after yesterday's meltdown sent the </p><ul><li>S&amp;P down by -1.47%, it's largest decline since September 21. </li><li>The Nasdaq index down -1.50% yesterday. That was its worst day since October 26. </li><li>The Dow down -1.27%, its worst day since October 3rd. </li></ul><p>Today, the final numbers are showing a solid rebound in each. </p><ul><li>Dow Industrial Average rose 322.35 points or 0.87% at 37404.34</li><li>S&amp;P index rose 48.42 points or 1.03% at 4746.76</li><li>Nasdaq index rose 185.91 points or 1.26% at 14963.86</li></ul><p>The small-cap Russell 2000 – which fell -1.88% yesterday – clawed back 34.34 points or 1.73% today. </p><p>The Magnificent 7 was led by Tesla today. Apple lagged and was the only one of the 7 to decline today. Amazon and Microsoft underperformed vs the Nasdaq gain of 1.26%:</p><ul><li>TSLA: $254.59, +$7.45, +3.01%</li><li>NVDA: $489.90, +$8.79, +1.83%</li><li>AMZN: $153.76, +$1.65, +1.08%</li><li>GOOGL: $140.42, +$2.08, +1.50%</li><li>META: $353.99, +$4.71, +1.35%</li><li>MSFT: $373.54, +$2.92, +0.79%</li><li>AAPL: $194.64, -$0.23, -0.12%</li></ul><p>After the close Nike reported better-than-expected earnings:</p><ul><li>EPS $1.03 vs.$0.84</li><li>Revenues $13.39B vs $13.43B</li></ul><p>Shares of NKE closed at $122.53. The shares are trading around $120 in after-hours trading.</p>

This article was written by Greg Michalowski at www.forexlive.com.