While you were sleeping: Wall St recovers in volatile trading

Tue, 06 Feb 2018

By Margreet Dietz Feb. 7 (BusinessDesk) - Wall Street rebounded, as investors found value following Monday’s global stock market rout, amid bets that the outlook remains positive for corporate profits. In 1.18pm trading in New York, the Dow Jones Industrial Average rose 0.4 percent, while the Nasdaq Composite Index gained 0.6 percent. In 1.03pm trading, the Standard & Poor’s 500 Index fell 0.2 percent. The Dow traded at 24,433.34 in early afternoon, recovering after sliding as low as 23,778.74 earlier in the day. “Put your seatbelt...

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