Could the worst of the downturn be behind us?

US stocks bounced back overnight, with the Nasdaq 100 rising 1.3% and most stocks in the S&P 500 increasing, led by Boeing up 7%. The boost was partly due to investor happiness over the US central bank signalling two more rate cuts this year. Views seem to be firming that the worst of the downturn is behind us, but we're awaiting key US data on housing, manufacturing and services, to see if that can continue to boost stocks.

Stocks mentioned: CrowdStrike, Boeing, Super Micro Computer, Royal Caribbean, Caesars Entertainment, Nvidia, Tesla