Dramatic Turnaround: 600-Point Swing for Dow

Dramatic Turnaround: 600-Point Swing for Dow

www.foxbusiness.com

Don't blink or you might miss a huge sell-off or an even bigger rally in this very turbulent market.

Wall Street turned a 300-point plunge on the Dow this morning into a 300-point jump this afternoon as traders evidently found stocks at a discount after a series of sell-offs in recent days.

Today’s Market

The Dow Jones Industrial Average rose 298.98 points, or 2.50% to 12270.17, the Standard & Poor’s 500 index gained 28.11 points, or 2.14% to 1338.61 and the Nasdaq Composite Index picked up 24.14, or 1.05%, to 2316.41. The consumer-friendly Fox 50 rose 13.09, or 1.38%, to 959.72.

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Hmmm.. Things begining to look up or am i behind a bit here?
Heck this section needs a little good news right?
www.foxbusiness.com
(visit the link for the full news article)

[edit on 23-1-2008 by Mindless]