Stocks aim to rally back following Monday’s freefall

0





U.S. stocks aim to rally back Tuesday after two weeks of turbulence which culminated in Monday’s nosedive, the worst loss by U.S. stocks since the 2008 financial crisis. For the first time since last fall, the Dow fell below 11,000 while all three major indexes dropped below five and seven percent.

At 2:15 p.m. today, the Federal Reserve will release its monetary policy statement and investors will pay close attention to how the Fed will stabilize an economy in virtual free-fall and prevent a potential double dip recession

Share.

About Author

avatar

News Assistant/Reporter

Comments are closed.

Social Widgets powered by AB-WebLog.com.