NEW YORK -- Wall Street has turned in another stunning finish and extended its unprecedented streak of volatility -- this time, to the upside. The Dow Jones industrials are up nearly 400 points, after falling 380 in the opening minutes of the session.
It is clear that investors are reacting in the extreme to negative economic news, including disappointing numbers today on industrial production. But traders are also reacting to the market's declines, and were piling in to buy late in the session.
It is clear that investors are reacting in the extreme to negative economic news, including disappointing numbers today on industrial production. But traders are also reacting to the market's declines, and were piling in to buy late in the session.
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