You are here: Home » International » News » Markets
Business Standard

Market rout: US stocks bounce back; Dow trades in almost 1,000-points range

The market's pullback comes amid concerns about rising bond yields and higher inflation

Reuters 

US stocks rebounded in volatile afternoon trading on Tuesday, with major indexes up more than 1 per cent following the biggest one-day drops for the S&P 500 and the Dow in more than six years. Stocks swung from negative to positive after indexes started the session 2 per cent lower, underscoring a return of volatility to a market that until recently was marked by an absence of major shifts. The Dow had a more than 1,000-point difference between its high and low on Tuesday. The sharp declines in recent days marked a pullback that had been long-awaited by investors after the market ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, February 07 2018. 02:44 IST
RECOMMENDED FOR YOU