CNBC Daily Open: Stocks rebound from lows but remain volatile amid confusing market

This study is from today's CNBC Daily Open, our new, planetary markets newsletter. CNBC Daily Open brings investors up to velocity connected everything they request to know, nary substance wherever they are. Like what you see? You tin subscribe here.

Stocks snapped their losing streak. Analysts are divided connected whether it's a mendacious rally.

Markets snapped their losing streak. The Dow Jones Industrial Average gained 0.33%. The Nasdaq Composite, boosted by a immense 14.02% spike successful Nvidia, roseate 0.72%. The S&P 500 added 0.53%, ending the trading league astatine 4,012.32 points — dispelling fears, if lone for now, that the scale could stay beneath 4,000 points this year.

Even though stocks person staged a rebound, analysts pass that markets are not retired of the woods yet. "The marketplace has not priced successful the hazard of recession," said BankRate's Chief Financial Analyst Greg McBride. A enactment from Societe Generale was harsher, saying markets person entered a "Death Zone" — wherever determination is small valuation enactment for the levels stocks are astatine now.

Not everyone is pessimistic astir the authorities of the markets, however. Brendan Murphy, caput of halfway fixed income, North America astatine Insight Investment, thinks the U.S. system tin debar a recession portion bringing ostentation down to 2%. "We are present successful a play of debased maturation and moderating inflation," said Murphy.

Newly released information seems to backmost him. On Thursday, fourth-quarter gross home merchandise successful the U.S. was revised down from 2.9% to 2.7% connected an annualized ground — user spending wasn't arsenic beardown arsenic initially estimated. While that means it's imaginable for markets to beforehand further this year, 2 pieces of information coming retired Friday — January's personal depletion expenditures terms index and idiosyncratic income study — volition trial that idea.

Subscribe here to get this study sent straight to your inbox each greeting earlier markets open.