Stocks climb back after steep slide on Fed, Ukraine jitters

Stocks finished a volatile day slightly higher on Monday after reversing a steep slide

A late-day buying spree pushed the benchmark S&P 500 index to a 0.3% gain after pulling it out of so-called correction territory — a drop of 10% or more from its recent high. The Dow Jones Industrial Average had declined more than 1,000 points before rallying and ending higher.

The S&P 500 rose 12.19 points to 4,410.13. It’s now 8.1% below the all-time high it set on Jan. 3.

The Dow rose 99.13 points to 34,364.50. The Nasdaq gained 86.21 points to 13,855.13.

Small company stocks also bounced back. The Russell 2000 rose 45.59 points, or 2.3%, to 2,033.51. The index had been down 2.8%.

https://abcnews.go.com/Business/wireStory/asian-shares-lower-extending-wall-street-losses-82434082

%d bloggers like this: