New York (CNN Business)Stock market volatility works in both directions. A day after gaining more than 1,000 points, the Dow fell 500 points Thursday. The S&P 500 fell 2.1% and the Nasdaq was down 2.2%. The Nasdaq fell back into bear market territory.
Wednesday's super-sized gain was a much-needed breather for a market that is having its worst December since the Great Depression. The Dow had its best point gain ever, and the S&P 500 and Nasdaq posted their best performances since March 2009.
But one day is not a trend. Anyone watching stocks this month knows that sentiment can turn on a dime — the Dow was up nearly 400 points Friday before closing more than 400 points in the red. Jittery investors trying to read the tea leaves have seen bad omens practically everywhere over the past few weeks — even good news has rattled the markets at times.
https://www.cnn.com/2018/12/27/investing/dow-stock-market-today/index.html
Happy whip saw days...
Submitted December 27, 2018 at 11:25AM by caliphornian http://bit.ly/2EU4jdc
