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

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

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

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

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Stocks in 2022 face bumpy ride as S&P sits at record

Equities are on quite a run in 2021 with the S&P 500, the broadest measure of U.S. stocks, sitting at a fresh record high and many strategists see the momentum continuing in the new year but not without some bumps. 

Ticker Security Last Change Change %
SP500 S&P 500 4725.79 +29.23 +0.62%

“I think we need to get through one or two earnings periods to prove both businesses and consumers alike are as adaptable as they were during this first wave of the COVID virus. I think we could gradually grind higher, maybe if we are lucky, get to 5,100 next year,” UBS Managing Director and senior portfolio manager Jason Katz told FOX Business. 

MIXED MESSAGES OF THE MARKET: JASON KATZ OF UBS

Ticker Security Last Change Change %
SPY SPDR S&P 500
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Stocks notch 3rd day of gains, Apple hits record

Game

U.S. stocks notched the third day of gains as investors continue to monitor the COVID-19 variant and its potential impact on the economy.

The Dow Jones Industrial Average rose over 34 points or 0.1%, while the S&P 500 and Nasdaq Composite were higher by 0.3% and 0.6%, respectively. This after the S&P 500 posted its best day since March on Tuesday. 

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 35754.75 +35.32 +0.10%
SP500 S&P 500 4701.21 +14.46 +0.31%
I:COMP NASDAQ COMPOSITE INDEX 15786.987996 +100.07 +0.64%

The latest Job Openings and Labor Turnover Survey or JOLTS showed 11.03 million job openings in October, the highest number of openings since July, when businesses were looking to fill 11.1 million positions. It marked an increase from September when there were an

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Stocks post losses ending roller coaster week

U.S. stocks finished the session lower in another choppy session as traders digested a mixed jobs report along with hawkish comments from Federal Reserve Bank of St. Louis President James Bullard. 

Bullard, who will be a voting member of the Fed next year, highlighted the “unexpected inflation shock in the U.S.” as monetary policy remains “very accommodative” in a speech. 

“These considerations suggest, on balance, that the Federal Open Market Committee should remove monetary policy accommodation,” he said.

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 34580.08 -59.71 -0.17%
SP500 S&P 500 4538.43 -38.67 -0.84%
I:COMP NASDAQ COMPOSITE INDEX 15085.471504 -295.85 -1.92%

The Dow Jones Industrial Average fell over 57 points or 0.17%,

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