Dow Jones Recovers Previous Day Losses Jumping 400 Points on Thursday
3 hours ago by Bhushan Akolkar · 2 min read
Photo: NYSE / Twitter
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Investors and the market are looking closely at the inflation data as Wall Street looks to navigate through these muddy waters. Fears of inflation have also triggered a sell-off in growth stocks recently.
On Thursday, May 13, Dow Jones Industrial Average (INDEXDJX: .DJI) jumped over 400 points recovering its previous day losses. The Dow Jones jumped 1.3% or 433 points closing above 34,000 points. This is a sharp renounce from the previous day’s volatility in the US stock market.