The US stock market experienced a significant rebound last week, with major indices recording their best performance of 2024. The S&P 500 Index rose by 4.0%, adding $1.8 trillion in market cap, while the Nasdaq Composite surged by 6.0%. The Dow Jones Industrial Average increased by 2.6%, closing at 41,393.78, and the Russell 2000 gained 4.4%. This recovery follows the worst week of the year for the S&P 500 and Nasdaq, driven by optimism surrounding a potential Federal Reserve rate cut and lower inflation expectations. Notably, the S&P 500's performance was its second-best week since the October 2022 bear-market low, and the Dow Jones was up 0.72% on Friday, September 13th.