Dow closes lower, but well off session lows in another massive comeback

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The Dow closed lower Tuesday, but well off its session lows in another rollercoaster session that comes as the Fed is preparing investors for tighter monetary policy. The Dow fell 0.20%. The S&P 500 dipped 1.22%. The Nasdaq tumbled 2.28%.

The Dow Jones Industrial Average closed lower Tuesday, but well off its session lows in another rollercoaster session that comes as the Federal Reserve is preparing investors for tighter monetary policy.

"The roller coaster trading atmosphere continues," Vital Knowledge's Adam Crisafulli said in a note Tuesday. "The lows from yesterday though haven't been breached." American Express was the top gainer on the Dow and the S&P 500 after an earnings beat, adding 8.9%. Dow members IBM and Johnson & Johnson were also among the top gainers on the index after reporting quarterly results.

 

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And tomorrow that the Fed of its report we will see in which direction the markets are going 📈 🆙 📉

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Dow tumbles as volatility jumps, American Express gainsStock investors brace for more big market swings following one of the biggest trading comebacks in history. Hedge funds such as Citadel and Melvin Capital have lost billions of dollars, and fast. They’re shorting a stock that is no longer on the brink of bankruptcy. This company is AMC Entertainment and it’s revival is thanks to the millions of retail investors buying the stock.
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