S&P 500 and Nasdaq hit record highs as volatility grips Wall Street - News Summed Up

S&P 500 and Nasdaq hit record highs as volatility grips Wall Street


New York (CNN Business) It was a volatile day on Wall Street, where stocks suddenly tumbled mid-morning before bouncing back. Dow INDU Thewas the odd one out, closing down 0.1%, or 37 points, after falling more than 430 points at its low point. "This risk off [dynamic] isn't worrying me. It's healthy," Megan Horneman at Verdence Capital Advisors told CNN Business about the morning's selloff. "I expect to see more days like this in [Biden's] first 100 days," as campaign promises get a reality check, she added.


Source: CNN January 25, 2021 17:43 UTC



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