Dow curbs 800+ point loss as stocks close down, but off lows

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Dow curbs 800+ point loss as stocks close down, but off lows

Payne Capital Management President Ryan Payne, former Gartman Letter editor Dennis Gartman, and Capital Wealth Planning CIO Kevin Simpson weigh in on market activity ahead of the Fed’s two-day policy meeting.

U.S. stocks closed down across the board but off the worst levels of the session as volatility continued following the massive swings experienced Monday.

The Dow Jones Industrial Average erased an 800+ point deficit, briefly turning positive, before ending the session off 66 points or 0.1%. The S&P 500 and the Nasdaq Composite lost 1.2% and 2%, respectively.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	34297.73	-66.77	-0.19%
SP500	S&P 500	4356.45	-53.68	-1.22%
I:COMP	NASDAQ COMPOSITE INDEX	13539.294893	-315.83	-2.28%

The choppiness follows Monday’s wild turnaround, which had the Dow rebound from a 1,000-plus-point drop and also followed a three-week decline for the S&P 500, concluding with its worst weekly stretch since the start of

Stocks erase losses in wild ride, Dow cuts 1,000+ point loss

Jeff Sica of Circle Squared Alternative Investments argues Investors need to be more ‘cautious’ and ‘diligent’ when deciding where to invest their money.

It was a wild session on Wall Street, with big market swings, as investors assessed Russia’s military buildup on Ukraine’s borders and the Federal Reserve’s meeting this week which begins tomorrow.

The Dow Jones Industrial Average closed with a gain of 101 points or 0.3% erasing a 1,000+ point drop. The S&P 500 also curbed all losses to end 0.3% higher and the Nasdaq Composite, at one point down nearly 5%, rose 0.6%.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	34364.5	+99.13	+0.29%
SP500	S&P 500	4410.13	+12.19	+0.28%
I:COMP	NASDAQ COMPOSITE INDEX	13855.129489	+86.21	+0.63%

“We are now dealing with legitimate risk in the market,” said Jeff Sica, CIO of Circle Squared Alternative Investments.

Consumer discretionary and energy stocks led the rebound even

Oklahoma the last point out with fuel underneath $3 a gallon

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Oklahoma is the only point out in the region exactly where the value for every gallon of gasoline hasn’t risen previously mentioned the $3 mark, though it’s extremely shut.

Charges at the pump are holding at $2.99, according to GasBuddy’s Patrick De Haan.

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De Haan, head of petroleum investigation for GasBuddy, informed FOX Business on Thursday that Oklahoma drivers “really should see price ranges adhere around this floor.”

In truth, he projected that price ranges may perhaps even “decline slightly” over the next couple of weeks alongside with the national average.

Currently, the normal price for a gallon of gasoline in the U.S. is $3.41, with California having strike the most difficult. The ordinary value for a gallon of gasoline in the Golden Condition is $4.69, in accordance to AAA.

The normal selling

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