The Dow and other indicators took an extraordinary leap up on Tuesday, with the Dow climbing nearly 10 percent to close up 889 points, the second highest point gain ever, representing a 10.9 percent gain. The NASDAQ gained 9.5 percent and the S&P 500 10.8 percent.
Analysts said the gain is part of a bear market cycle and seemed to be a strong reaction to news that the Federal Reserve would cut interest rates on Wednesday. This morning the Dow is down very slightly.
More like this story
More stories by this author
- Publisher’s Note: Jackson Free Press to Suspend Printing, Boost Online Presence
- JFP Up to 11 Wins in the 2021 SPJ Diamond Journalism, Green Eyeshade Contests
- PUBLISHER'S NOTE: On Hope, Travel and Award-Winning Journalism Teams
- PUBLISHER'S NOTE: Jackson’s Water Crisis, What Would Ditto Do?
- PUBLISHER'S NOTE: Celebrating the Best, Pandemic Style
Comments
Use the comment form below to begin a discussion about this content.
comments powered by Disqus