Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Stocks open higher on Wall Street following tumultuous week


Whiplash hit Wall Street again on Friday as stocks bounced between gains and losses in early trading.


Investors appeared to be in for another tumultuous session the day after another loss of more than 1,000 points in the Dow Jones industrial average on Thursday.


But then trading turned negative, with the Dow dropping about 225 points before bouncing back into positive territory.


The stock Market has been highly volatile in February after starting the year on a high note as a long market rally was initially boosted by Washington's passage of major tax cuts focused on businesses and the wealthy.


Friday's early gains pulled the Dow out of correction, but analysts said they expected more volatility in the coming days.


Corrections are frequent occurrences, analysts said, but the speed with which it has happened after a long stretch of record-breaking market highs can be unsettling to average investors.


Technology stocks, banks and consumer-focused companies accounted for much of the initial pickup Friday.




READ MORE (Los Angeles Times)


  • US stocks snap higher a day after entering into 'correction' territoryUSA TODAY
  • US markets open higher amid volatilityBBC News
  • Wall Street bounces back 1 percent after Thursday's slumpYahoo Finance
  • Markets Now: Dow's Gains Fade, Battle to Stay Positive BeginsBarron's
  • US stocks waver a day after entering a 'correction'Fredericksburg.com
  • Stocks whipsaw after falling into correctionBusiness Insider
  • Stocks open higher on Wall StreetABC News
  • MARKET SNAPSHOT: US Stock Futures Volatile As Dow Faces Worst Week Since The ...Morningstar.com
  • US STOCKS-Wall St on course for worst week in six yearsReuters


This post first appeared on The 5th News, please read the originial post: here

Share the post

Stocks open higher on Wall Street following tumultuous week

×

Subscribe to The 5th News

Get updates delivered right to your inbox!

Thank you for your subscription

×