Goldman Sachs Saves the Dow From IBM's Worst Day in 39 Years
The Nasdaq gained 0.9% while the Dow fell 0.2% in a split decision. IBM's 24.9% plunge and Goldman Sachs' 7.4% surge explain Tuesday's split decision.
Overview
Monday's market pain flipped into some modest Tuesday gains.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) index rose 0.9% by 12:05 p.m. ET, extending its recovery from a volatile morning session. The S&P 500 (SNPINDEX: ^GSPC) gained 0.3%, while the Dow Jones Industrial Average (DJINDICES: ^DJI) fell 0.2%.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.