Stocks erase losses in wild ride, Dow cuts 1,000+ point loss
Posted on AllSides January 24th, 2022
From The Right
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%.