To The Moon

Wall Street's major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap grow

Wall Street's major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap grow

These beaten-down stocks are screaming buys following a peak decline of 23% in the Nasdaq.

By Paul Lienert, Nick Carey and Norihiko Shirouzu DETROIT/BEIJING, March 25 (Reuters) - A year ago

"The Dow Jones Industrial Average rose 0.7% to end at 34,049.46 points, while the S&P 500 gained 0.57% to 4,296.12.The Nasdaq Composite climbed 1.29% to 13,004.85.The CBOE Volatility index , known as Wall Street's fear gauge, hit as high as 31.6 points, its highest level since mid-March.Bleak results from pandemic darling $Netflix $ along with surging bond yields pummeled high-growth stocks last week, bringing year-to-date losses in the tech-heavy Nasdaq to about 18%.Traders are pricing in b