Stocks mount massive rebound | Dow bounces back from 1,100-point loss | When will the Fed raise rates?

U.S. stocks staged a massive rebound Monday as investors picked up beaten-down shares following a steep sell-off earlier in the session.

VIEW IN BROWSER | SUBSCRIBE MON, JAN 24, 2022 EVENING BRIEF AS OF MON, JAN 24, 2022 • 05:01 ET DJIA 34364.50 +0.29% +99.13 S&P 500 4410.13 +0.28% +12.19 NASDAQ 13855.13 +0.63% +86.21   Most Active DOW NAME LAST CHG %CHG AAPL 161.62 -0.79 -0.49% MSFT 296.37 +0.34 +0.11% INTC 51.94 -0.10 -0.19% S&P 500 NAME LAST CHG %CHG F 20.39 -0.26 -1.26% AAPL 161.62 -0.79 -0.49% AMD 116.53 -2.28 -1.92% NASDAQ NAME LAST CHG %CHG AAPL 161.62 -0.79 -0.49% AMD 116.53 -2.28 -1.92% NVDA 233.72 -0.02 -0.01%   EDITOR'S NOTE U.S. stocks staged a massive rebound Monday as investors picked up beaten-down shares following a steep sell-off earlier in the session.   The tech-heavy Nasdaq Composite fell more than 4% at its lows of the session, but closed higher — the first time since the aftermath of the financial crisis in 2008. The Dow Jones Industrial Average closed up 99 points after losing as much as 1,115 points — its greatest intraday rally since March 2020. The S&P 500 also finished positive on the day. Stocks have struggled this year amid rising interest rates as the Federal Reserve prepares to tighten its pandemic-era monetary policy. However, some strategists believe the recent downturn is overblown. "Recent bearishness in equities is overdone, and out of line with activity momentum, easing bottlenecks, and what we expect to be a strong earnings season," JPMorgan's top market strategist Marko Kolanovic said in a note Monday.    Investors are awaiting the Fed's two-day policy meeting set to begin Tuesday. Market participants will be looking for any signals on when and how much the central bank will raise interest rates this year. Hannah Miao | CNBC Associate Markets Reporter @HannahMiao_ Watch our live stream for all you need to know to invest smarter. TOP NEWS  Stocks mount stunning comeback on Monday with Dow closing in the green after earlier 1,000-point loss The stock market slide is unlikely to budge the Fed from tightening Here's why stocks are on such shaky ground to start January Supreme Court takes up cases challenging affirmative action in college admissions Jim Chanos says the notion that the Fed will always bail out the stock market is dangerous Biden to hold call with European leaders as situation at Ukraine-Russia border deteriorates Kohl's shares surge as takeover offers emerge from suitors including Sycamore Wall Street's Art Cashin says Monday's plunge could be the 'washout selling' the stock market needs For Netflix stock, it's like the pandemic never happened Goldman says these are the winners and losers as the Fed tightens financial conditions   TOP VIDEO The Fed will have to be easier on the hawkish talk, says Ed Yardeni   CNBC PRO Tech fund manager Dan Niles says market could see a near-term bounce and he'll probably buy stocks   SPECIAL REPORTS Tax season starts today. Here's why you should file as early as possible One-third of Americans admit that they financially cheat on a partner   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2022 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS