Sunday, June 15, 2025

Industry | 2008.10.16

Dow ends up 401 in another stunning U-turn (AP)

Specialist Gregg Reilly works on the floor of the New York Stock Exchange Thursday, Oct. 16, 2008. (AP Photo/Richard Drew) AP - A stock market as difficult to fathom as it is volatile pulled off another stunning U-turn on Thursday, transforming a 380-point loss for the Dow Jones industrials into a 401-point gain. Was it the government\'s bailout beginning to have an effect? The credit markets finally beginning to loosen up? Investors looking for a bottom in stocks?


 

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