U.S. stocks slip at the end of a bumpy session [CBS News]
CME Group Inc. - Class A (CME)
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Source: CBS News
U.S. stocks slip at the end of a bumpy session Last Updated Feb 7, 2018 4:23 PM EST U.S. stocks slipped in late trading on Wednesday, capping two days of volatile trading following a rout that began on Friday. The Dow Jones Industrial Average declined 19.42, or less than 0.1 percent, to 24,893.34. The index fell in the last half-hour of trading after rising earlier in the session. The S&P 500 index fell 13.48, or 0.5 percent, to 2,681.66. The tech-heavy Nasdaq Composite index slipped almost 1 percent. The Dow fell sharply on Friday and Monday, erasing the market's gains for 2018. On Tuesday, stocks opened sharply lower before recovering slightly and rebounding in late trading . The volatile trading session on Tuesday followed a two-day rout that wiped out the year's gains. Investors and analysts are speculating whether the market's wild ride indicates the beginning of a correction, which is a decline of 10 percent, or may be a temporary pullback. The decline was overdue, according to
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