Dashing Hopes of The Resistance, Dow Surges Surges to Record One Day Gain

Le·gal In·sur·rec·tion | 12/26/2018 | Kemberlee Kaye
baileyboo (Posted by) Level 3
Click For Photo: https://legalinsurrection.com/wp-content/uploads/2018/12/Dashing-Hopes-of-The-Resistance-Dow-Surges-Surges-to-Record-One-Day-Gain.png

The Dow Industrial Average made history Wednesday with it’s largest single-day point gain in history. Surging 1,086 points, the Dow surged past Christmas Eve loses.

More from the Wall Street Journal:

Dow - Jones - Industrial - Average - Points

The Dow Jones Industrial Average surged more than 1,000 points for the first time in a single session Wednesday, rebounding after a bruising four-session selloff put the blue-chip index and the S&P 500 on the brink of a bear market.

All 30 stocks in the Dow industrials notched gains, as did each of the 11 sectors in the broader S&P. Shares of Amazon.com, Facebook and Netflix climbed more than 8%, while retailers rallied as early data on the crucial holiday shopping season appeared robust. And a nearly 9% rise in oil prices offered a respite for shares of beaten-down energy companies.

Worries - Federal - Reserve - Path - Increases

Worries about the Federal Reserve’s path of interest-rate increases, trade tensions with China and slumping oil prices have spooked investors for much of the fourth quarter, putting all three major U.S....
(Excerpt) Read more at: Le·gal In·sur·rec·tion
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!