Another Day of Market Volatility and What To Do About It

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JIM HILES IS ON RADIO WITH DOM GIORDANO OF WPHT 1210-AM  PHILADELPHIA ON THE JIM BOHANNON RADIO SHOW.

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WHAT HAPPENS NEXT ON WALL STREET AND SOME THINGS TO THINK ABOUT WHEN MANAGING YOUR MONEY.  

(CNN) Another dramatic day on Wall Street: Stocks nosedived, then they soared. The Dow plunged 567 points at the open on Tuesday and briefly sank into correction territory — a drop of 10% from its record high. But those losses quickly vanished, and the index ended the day with a mirror-image gain of 567. It was the Dow’s biggest point increase since August 2015 and the fourth-largest in history. The percentage gain of 2.3% is the biggest since January 2016. The huge swing shows how volatile trading has become in what was once a calm and booming stock market.

 

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