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Dow Jones Pares Loss In Coronavirus-Fueled Sell-Off, Nasdaq Up; These Stocks Rally
The Dow Jones Industrial Average more than halved its loss to nearly 0.7% at midday from an early 700-point dive fueled by rising fears of a second coronavirus wave. Meanwhile, the S&P 500 slashed a more than 1% loss to less than 0.4%, and the Nasdaq turned mildly higher in the stock market today. While some sector rotation into cyclicals has been occurring, the recent resurgence in tech stocks has lifted the tech-heavy Nasdaq to a 7% year-to-date gain through Friday's close, while the S&P 500 was down 6% and the Dow, off 10%.
https://finance.yahoo.com/m/8a50727...974942/dow-jones-pares-loss-in.html?.tsrc=rss
The Dow Jones Industrial Average more than halved its loss to nearly 0.7% at midday from an early 700-point dive fueled by rising fears of a second coronavirus wave. Meanwhile, the S&P 500 slashed a more than 1% loss to less than 0.4%, and the Nasdaq turned mildly higher in the stock market today. While some sector rotation into cyclicals has been occurring, the recent resurgence in tech stocks has lifted the tech-heavy Nasdaq to a 7% year-to-date gain through Friday's close, while the S&P 500 was down 6% and the Dow, off 10%.
https://finance.yahoo.com/m/8a50727...974942/dow-jones-pares-loss-in.html?.tsrc=rss
