Stocks Claw Back After Early Plunge

Recover much of the ground they lost
By Newser Editors and Wire Services
Posted Dec 6, 2018 3:11 PM CST

(Newser) – Stocks clawed back much of the ground they lost in an early plunge triggered by the arrest of a senior Chinese technology executive, the AP reports. The Dow Jones Industrial Average and the S&P 500 index ended slightly lower Thursday, having taken a nosedive in the morning. Technology shares including Netflix moved higher. Investors were encouraged by a report that the Federal Reserve may move slower in raising rates. Bond yields remained lower as investors moved money into lower-risk investments. Boeing, which would have much to lose in an extended trade battle, lost 3.1%. The Dow lost 79 points, or 0.3%, to 24,947. It was down 784 earlier. The S&P 500 lost 4 points, or 0.2%, to 2,695. The Nasdaq rose 29 points, or 0.4%, to 7,188. (Read more stock market stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.