Monday, March 2, 2020

Dow Stocks Rocket Upward with Biggest Day in a Decade 5.1%

This is what happens after a market correction.
  Investors swoop in and take advantage of stocks at lower prices.  Those that got scared off by coronavirus fears end up being the true suckers!
CNBC reports stocks rebounded sharply from their worst week since the financial crisis on Monday, with the Dow Jones Industrial Average posting its best day in more than a decade. Expectations that the Federal Reserve would cut rates drove the gains, which accelerated aggressively into the close.

The Dow closed 1,293.96 points higher, or 5.1%, at 26,703.32. The move on a percentage basis was the Dow’s biggest since March 2009. It was the largest-ever points gain for the 30-stock average.

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