Nasdaq, S&P 500 Recover From Pullback; Dow Jones Remains Negative

The Nasdaq Composite and S&P 500 Index rebounded on January 23, 2026, reversing initial pullbacks following a volatile trading session. The Nasdaq gained 1.2%, closing at 17,890, while the S&P 500 rose 0.9% to 4,875. However, the Dow Jones Industrial Average remained in negative territory, down 0.3% at 38,950. Market analysts attributed the recovery to renewed investor confidence in tech stocks, which outperformed other sectors. Despite the rebound, concerns over inflationary pressures and potential Federal Reserve rate hikes linger, keeping broader market sentiment cautious. Volume across major indices was slightly above average, indicating active participation in the recovery trade.