Dow and S&P 500 rebound on hopes of tariff deals; Broadcom shares jump, healthcare stocks post notable gains

Major equity benchmarks rebounded from the blood bath of the previous sessions as traders hoped the US would reach trade deals and lower duties.

At the time of writing, the Dow Jones Industrial Average was higher by 836 points after falling over 1,000 points at one point on Monday.

The S&P 500 index also gained ground and was up 2% from the previous close. 

The Nasdaq Composite Index was also up more than 2% from Monday’s close. 

The Dow and Russell 2000 each saw losses of 0.9% yesterday,…