Dow rebounds 1,167 points a day after suffering worst plunge since financial crisis
in 1991 — 31% at its intraday low — rebounded as much as 11% on Tuesday and ended the day roughly 10% higher.GOLDMAN SACHS: These 15 stocks are plunging with the market, but their powerful long-term growth could make them bargains to buy right now
The jump in oil prices is "not a clear signal just yet," Collin Martin, fixed income strategist with the Schwab Center for Financial Research, told Markets Insider in an interview. Low oil prices for an extended period of time will be "very challenging for energy companies, especially the highly leveraged ones," he said.
Investors should remain "rational, disciplined, and unemotional" while navigating current market swings, Dev Kantesaria, managing partner at Valley Forge Capital Management, told Markets Insider in a note. "We are fortunate to have a recent example — the 2008-2009 financial crisis," he said. "The impressive rebound in public equities over the last decade should be a lesson to those worried about where share prices will be next month or next quarter."
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow Jones INDEX TODAY | DJIA LIVE TICKER | Dow Jones QUOTE & CHART | Markets Insider
Read more »
Dow rebounds more than 900 points a day after suffering worst plunge since financial crisis | Markets InsiderUS stocks saw a sharp rebound on Tuesday, a day after suffering their worst decline since the depths of the financial crisis. The rally is being...
Read more »
Dow futures tumble 1,000 points as all-out oil price war adds to coronavirus stressSaudi Arabia slashed official crude selling prices for April, in a sudden U-turn from previous attempts to support the oil market as global demand declines.
Read more »
Global stocks and oil mount a recovery while Dow gains 800 pointsCNN News, delivered. Select from our newsletters below and enter your email to subscribe.
Read more »
Dow spikes 700 points on hopes of economic relief amid coronavirus outbreakDow Jones spikes more than 800 points at opening of trading session, a sign that investors are welcoming Pres. Trump's pledge to intervene if the economy takes a turn south because of the coronavirus.
Read more »
Markets rebound, with Dow jumping more than 800 points on Trump stimulus planJUST IN: Dow jumps more than 800 points after President Trump said he will take 'major' steps to ease concerns about the economy in light of the coronavirus outbreak.
Read more »