Christmas rout turns into best one-day gain ever - News Summed Up

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Christmas rout turns into best one-day gain ever


This year, the Dow, S&P 500 and Nasdaq posted their worst returns on Christmas eve, declining by 2.9 percent, 2.7 percent and 2.2 percent, respectively. From Dec. 14 to 21, the S&P 500 fell 7.1 percent while the Dow plummeted 6.9 percent. Biggest one-day gain for US stocksUS stocks rebounded sharply after a record decline on Christmas eve. The Dow and S&P 500 advanced by five percent, while Nasdaq rose 5.8 percent. In that session, all three major US indices (the Dow, S&P 500 and Nasdaq) posted their biggest single-day gain since 2009.


Source: Philippine Star December 30, 2018 19:19 UTC



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