Another Day of Market Volatility and What To Do About It
(Click Westwood icon to open)
JIM HILES IS ON RADIO WITH DOM GIORDANO OF WPHT 1210-AM PHILADELPHIA ON THE JIM BOHANNON RADIO SHOW.
Push Play Below to listen to Jim!
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.