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Dow Down 74 After Volatile Day

Late rally evaporates after Fed confirms cut, but most of Tuesday's gains are preserved

By Nick McMaster, Newser Staff

Posted Oct 29, 2008 3:19 PM CDT

(Newser) – Volatility ruled Wall Street today as investors waffled in their response to the expected Fed rate cut, MarketWatch reports. Though the session’s final hour saw the Dow rocket to a 250-point gain in light trading, that evaporated and the Dow closed down 74.16... Read full story »

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Dow Down 74 After Volatile Day

Late rally evaporates after Fed confirms cut, but most of Tuesday's gains are preserved

NASDAQ • Federal Reserve • Dow Jones • General Motors • European Central Bank • Bank of Japan • Bank of England • federal funds rate • S&P 500 • financial crisis

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