Investors Retreat From Wall Street After Record Rally
- 5 years ago
According to Reuters, investors are retreating from US equity markets again, after a record rally for the Dow Jones a day before.
The day after Christmas, the Dow Jones Industrial Average recorded one of it's best single-point gains on record, surging over 1,000-points.
But on Dec. 27th, the top three indexes on the New York Stock Exchange are down.
The Dow Jones lost about 550-points by the afternoon, shedding about 2.4-percent, and falling to 22,328.
The day after Christmas, the Dow Jones Industrial Average recorded one of it's best single-point gains on record, surging over 1,000-points.
But on Dec. 27th, the top three indexes on the New York Stock Exchange are down.
The Dow Jones lost about 550-points by the afternoon, shedding about 2.4-percent, and falling to 22,328.