Stocks end higher after dramatic selloff

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It was a wild day on Wall Street. The market was on track for its worst day since October 2020, but major US stock indexes turned green shortly before the closing bell rang.

US stocks opened in the red as investors worried about the Federal Reserve's plans to hike interest rates, tensions in Ukraine, earnings season and — of course — inflation.At the low point of the session, the market was on track for its worst day since October 2020, with the Dow down more than 1,000 points.But with just minutes to go in the trading session, the major indexes reversed course and turned green. The Dow finished 0.3%, or 99 points, higher.

Earnings season has moved on to Big Tech, including Microsoft , IBM , Intel and Apple , which report results this week.Then there's the Fed meeting, concluding with Wednesday's policy statement and subsequent press conference. As of Monday morning, market expectations for this week are that the central bank will keep interest rates near zero for a little longer, according to the CME FedWatch tool.

 

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No thanks to Biden

Sad tha CNN loss credibility you keep using old news since you dont have anything important to report cause you cover only for political reason, I know you are loosing money, i can help

Cleared out a ton of suckers.

Howdy

Unstable market because Biden is unstable, its just a matter of time.

CNN. Tell us why UN peacekeepers aren’t sent to Ukraine?

No more tension for your fatty look. Let's read my content, hope you will success for losing weight.

my guess allies are pumping

Outside reversal, watch for a possible gap up tomorrow due to short covering

Feds pumping money. The crash is going to be epic. Tread Carefully

Wall Street and Banking will fall. It's corrupt to the core. The media is blaming Biden for high prices. I blame these Institutions Wall Street and Banking.

Wild Omicron causes wild days for economy too, when will economists start to understand that No Covid is the way or at least taking it more serious!

Whims. The economy runs on whims.

COP26 is meaningless unless it continues to be held on a daily basis. How about COP26 holding the next meeting in North Korea instead of Egypt? You don't always have that courage. Amen

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 /  🏆 4. in TH

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