U.S. stock markets experienced a notable rally on October 8, 2024, primarily driven by gains in the technology sector, with major companies such as Tesla and Nvidia leading the charge. The S&P 500 index rose by 1.0%, while the Nasdaq saw a more significant increase of 1.4%. Other indices also reported gains, with the Russell 2000 up by 0.1%, and the Dow Jones climbing 0.3%. In contrast, oil prices fell sharply, with WTI Crude Oil dropping by 4.2%. The market's rebound coincided with the start of the earnings season, further boosting investor sentiment. Additionally, gold prices decreased by 1.0%, and Bitcoin fell by 1.9%. The volatility index (VIX) also saw a decline, dropping by 5% for the front month futures.