Dow again as much as nearly 25000 after main slide

Wall Street rebounds in volatile trade after steep drops

The declines were not as scary in percentage terms. It represented a full market correction, defined as a 10 percent drop from its 52-week high. The benchmark S&P/ASX200 index rose 13.9 points, or 0.24 per cent, to 5, 890.7 points while the broader All Ordinaries index lifted 13.7 points, or 0.23 per cent, to 5,995.2 points. "What we have now is what I call fear of getting caught", said Tom Martin, senior portfolio manager with Globalt Investments.

Markets move in mysterious ways - animal spirits and all that - and you should be skeptical of anyone who claims they can definitively explain any particular twinge of the ticker. Many of the companies that rose the most over the last year have borne the brunt of the selling. And rates have run up fast.

That came after the U.S. government said oil production jumped last week, raising concerns about an increase in the supply of crude.

On Tuesday, Facebook fell to 177.75 intraday, but rebounded to close up 2.2% at 185.31 in Tuesday's stock market trading. Broad-based equities began to descend downward last week due to expectations of interest rates going higher despite the returning inflation.

TWO recent successive one-day falls in the Dow Jones Industrial Average-one for an ominous-sounding 666 points and the second for a record 1,175 points-have grabbed the headlines. Letting out some of the air might even be healthy, some say.

The Nasdaq composite tumbled 274.82 points, or 3.9 per cent, to 6,777.16. Wall Street stock indexes repeatedly swung from positive to negative territory during Tuesday's session while the Dow Jones Industrial Average had a more than 1,100-point difference between its intraday high and low.

The stock market freakout of 2018 hit a crescendo on Monday when the Dow plunged a record 1,175 points. By 3.40 pm Eastern time, the Dow had gone down 950 points and closed 20 minutes later after 1,175 points. "Corrections are caused by people having to reposition for new environments". Stocks in Taiwan were almost unchanged and Southeast Asian markets were mixed. Personal debt has lightened since the financial crisis a decade ago. The 4.6% plunge was the index's worst day since August 2011 and knocked it into the red for the year. That also sent the pound higher. "The inevitable consequence is higher rates, higher inflation and higher deficits". If rates rise quickly, that argument becomes much less persuasive.

It is hard to say with absolute certainty where the market is when you are reading this. Advancing issues outnumbered declining ones on the NYSE by a 1.71-to-1 ratio; on Nasdaq, a 1.33-to-1 ratio favoured advancers. Emerging market stocks increased 0.18 percent. This causes their prices to fall.

The dollar fell to 109.12 yen from 109.70 yen. The pan-European FTSEurofirst 300 index lost 2.50% and MSCI's gauge of stocks across the globe gained 0.14%.

President Donald Trump has some advice for investors: they're making a "big mistake" by selling off stocks amid good economic news. Investors and analysts are speculating whether the market's wild ride indicates the beginning of a correction, which is a decline of 10 percent, or may be a temporary pullback. That pales in comparison to the 23 percent one-day drop in the market in 1987.

Wynn Resorts (WYNN.O) climbed 8.1 percent after casino mogul Steve Wynn resigned as the chief executive following sexual misconduct allegations.

Nouvelles connexes:

Nouvelles chaudes

isis-killer-beheading-video-story-top Rooney tips Kane to leave Spurs
Fév 08, 2018 - 01:13
Mauricio Pochettino congratulated Moss on his performance, saying the match officials "were right in every single decision. I said, 'I'm gonna prove to you that I should be starting on this team".

DOW Falls Almost 1200 points, Markets Internationally Also Falling
Fév 07, 2018 - 14:59
On Friday there was a hefty 4% loss for shares in Apple , which had been one of the markets' star performers in recent years. After a volatile session Tuesday, the S&P 500 closed with its biggest gain since November 2016.

isis-killer-beheading-video-story-top Trump wrongly claims ratings for speech were highest ever — Fake news
Fév 07, 2018 - 12:49
The president took to Twitter to boast over the official Nielsen ratings to his State of the Union address on Tuesday night. The facts: Trump is correct that al-Baghdadi had been released after being detained at U.S. detention facilities in Iraq.

isis-killer-beheading-video-story-top Volatile markets: Dow drops 500 points then gains it back
Fév 07, 2018 - 11:16
Although the Nikkei 225 recovered slightly it is still 4.7% lower than opening levels, trading around 21,610 points by 9.24am. Both the S&P 500 and the Dow Industrials slumped more than 4 percent on Monday, their biggest falls since August 2011 .

isis-killer-beheading-video-story-top Dow Jones closes up more than 560 points — UPDATE
Fév 07, 2018 - 09:22
Stock markets in Asia and the Pacific region plunged on Tuesday morning as the global equity rout continued for a third day. Developed and Emerging markets which borrowed heavily will feel the effects of paying out more than previously.

isis-killer-beheading-video-story-top SpaceX envoie une Tesla dans l'espace — Vidéo
Fév 07, 2018 - 08:07
Elon Musk va faire décoller ce soir sa fusée Falcon Heavy , dont le lancement a plusieurs fois été retardé. Pour l'instant, il ne semble pas nécessaire pour SpaceX de faire une fusée aussi puissante.

isis-killer-beheading-video-story-top Justin Timberlake Expands "The Man of the Woods Tour", Adds Canadian Dates
Fév 06, 2018 - 14:06
Security: Over the top? The New York Times called him out on his "taste malfunction", for having the gall to reclaim the song. SHAPIRO: And what happens from there? They haven't weighed in on it yet. "It was definitely a great opportunity".

isis-killer-beheading-video-story-top Mario Kart bientôt disponible sur smartphone !
Fév 04, 2018 - 06:36
On peut actuellement parler de Super Mario Run , Fire Emblem Heroes ou encore Animal Crossing: Pocket Camp . Avec une licence telle que Mario Kart , le succès est même quasiment assuré.

There's a Reason Democrats Don't Want Americans to Have Jobs — Starnes
Fév 03, 2018 - 00:46
Trump looked beyond the House Chamber by recognizing that America is defined by its people, not its government. It was far ahead of cable competition CNN (3.1 million) and MSNBC (2.7 million).

isis-killer-beheading-video-story-top US considering fresh UNRWA cutbacks to push Palestinians into talks
Jan 31, 2018 - 11:13
In Abbas' way of thinking, he met with a representative of the State Department, but not with an envoy of the White House. The FPA said the journalist was asked to remove her bra during a search and, when she refused, was denied entry.

isis-killer-beheading-video-story-top Zidane asume culpas por eliminación del Real Madrid
Jan 27, 2018 - 22:26
Vamos a asumir la situación y yo el primero porque soy el responsable . "Es un fracaso para mí, clarísimo", aceptó Zidane . En medio de ese clima, el DT y el Real obtuvieron algo de aire con la victoria de visitante por 4-1 frente a Valencia .

isis-killer-beheading-video-story-top Honigstein: Arsenal will pay Borussia Dortmund full price for Pierre-Emerick Aubameyang
Jan 26, 2018 - 20:44
Aubameyang has scored 141 goals in 212 games for Dortmund in all competitions since his arrival in 2013. Aubameyang would be the more natural fit for that role, as he has played wide often during his career.

Violents combats entre Kurdes et Turcs dans la région d'Afrin — Syrie
Jan 26, 2018 - 07:31
Et, du côté de Washington on évoque les " préoccupations sécuritaires légitimes de la Turquie " dans le cadre de cette opération. Préoccupé par l'escalade du conflit, le Conseil de sécurité n'a cependant pas condamné lundi l'offensive turque.

isis-killer-beheading-video-story-top Paul Bocuse, une vie en images
Jan 21, 2018 - 08:06
Paul Bocuse était pour eux comme un père: "On a eu quelqu'un qui est venu nous prévenir du décès au moment du déjeuner". C'était une référence et le précurseur d'une cuisine qui met en avant la supériorité des produits, a-t-il relevé.

isis-killer-beheading-video-story-top Conservative writer: Trump called friends to brag about 's---hole countries' remark
Jan 20, 2018 - 21:31
But the comments about Haiti and African countries, which Trump has denied making, complicated negotiations further. They also said that during the meeting, the President questioned the need to admit more Haitians to the US.