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Dow sees whipsaw trading action as Wall Street struggles to regain purchase higher


Tuesday, 6 February 2018 23:55 WIB

Standard & Poor's 500SahamAS


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The Dow Jones Industrial Average was experiencing wild Tuesday trade as Wall Street stocks switched been sharp gains and losses in an unusually choppy trading session that may underline a new regime of volatility on Wall Street. The move comes as stocks attempt to snap a multiday rout and after the blue-chip average recorded its steepest point decline in history.

The Dow Jones Industrial Average fell around 567 points at the open, only to rebound sharply higher, but was most recently up 60 points, or 0.3%, to 24,412.

S&P 500 index was down 3 points, or 0.1%, to 2,650, but was up by as much as 34 points or 1.2%. The Nasdaq Composite Index meanwhile, was 11 points, or 0.1%, higher at 6,973, but was up 92 points, or 1.3%, at its peak.

Source: Marketwatch


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