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on Economic Uncertainty
Join us on Dec. 8 for a live conversation about economic uncertainly and where we go from here. We’ll discuss a range of issues—the trade war, oil prices, Brexit—and we’ll answer questions from listeners.
3:15 p.m. Normally, seeing the Dow Jones Industrial Average down 340 points isn’t a good thing, but considering that the index was off nearly 800 points at its nadir earlier today, that figure is actually a relief. At recent check, the Dow was off 1.4%, with the S&P 500 off 1.2%, and the Nasdaq Composite was down just 0.6%, quite an improvement from just a few hours ago.
Investors are still skittish about a range of issues, of course, from the arrest of Huawei’s chief financial officer to slumping oil prices and a narrowing yield curve, but at least tech has staged a bit of a recovery. In a year when so many market rallies have lost steam and faltered into the end of the trading day, it’s nice to see the reverse can happen too.