Dow up more than 250-points a day after the most dramatic U-turn for stocks in 12 years
Published: April 8, 2020 at 9:53 a.m. ET
By Mark DeCambre and Sunny Oh
The Dow and S&P 500 staged their biggest reversals since the 2008 financial crisis
U.S. stocks saw tentative gains on Wednesday morning, a day after the Dow and S&P 500 staged their biggest reversals since the 2008 financial crisis, as investors struggle to gauge the economic outlook during the COVID-19 pandemic.
Investors may gather clues from Wednesdays release of minutes from the Federal Reserves meeting in March.
How are indexes performing?
The Dow Jones Industrial Average DJIA, 1.29% rose 261 points, or 1.2%, to 22,915. The S&P 500 index SPX, 1.28% added 29 points, or 1.1%, to 2,688, and the Nasdaq Composite Index COMP, 1.23% climbed 97 points, or 1.2%, closing at 7,984.
On Tuesday, the blue-chip Dow DJIA, 1.29% lost 26.13 points, or 0.1%, to finish at 22,653.86, the S&P 500 index SPX, 1.28% shed 4.27 points, or 0.2%, to end at 2,659.41, and the Nasdaq Composite Index COMP, 1.23% fell 25.98 points, or 0.3%, closing at 7,887.26.
At session highs early Tuesday, the Dow had gained 937.25 points, or 4.1%, the S&P 500 rose 93.21 points, or 3.5%, and the Nasdaq gained 233.20 points, or 2.9%.
https://www.marketwatch.com/story/dow-futures-aim-for-a-subdued-open-a-day-after-the-most-dramatic-u-turn-for-stocks-in-12-years-2020-04-08
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