Stocks rose sharply in volatile trading today – regaining a big chunk of their losses from Wall Street’s worst week since 2008.
- The Dow Jones Industrial Average (DJIA) closed 1,293.96 points higher, or 5.1%, at 26,703.32. This move on a percentage basis was the DJIA’s biggest since March 2009. In addition, it was the largest-ever points gain for the Dow.
- The Standard and Poor (S&P) 500 climbed 4.6% – the best one-day performance since Dec. 26, 2018. The S&P 500 closed at 3,090.23.
- The Nasdaq Composite also had its best day since 2018. It urged 4.5% to close at 8,952.16.