Markets fell dramatically on Monday morning but rallied in the afternoon, CNBC reported.
In what CNBC called a "stunning comeback," the Dow Jones Industrial Average "closed up 99.13 points, or 0.3 percent, at 34,364.50, gaining for the first day in seven."
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Why Bhutan hopes tourists will put a smile back on its faceUnder The Radar The 'kingdom of happiness' is facing economic problems and unprecedented emigration
-
7 beautiful towns to visit in Switzerland during the holidaysThe Week Recommends Find bliss in these charming Swiss locales that blend the traditional with the modern
-
The Week contest: Werewolf billPuzzles and Quizzes
-
US charges Indian tycoon with bribery, fraudSpeed Read Indian billionaire Gautam Adani has been indicted by US prosecutors for his role in a $265 million scheme to secure solar energy deals
-
Boeing machinists approve contract, end strikeSpeed Read The company's largest union approved the new contract offer, ending a seven-week strike
-
US economy still strong in final preelection reportSpeed Read It grew at a solid 2.8% annual rate from July through September
-
Boeing machinists reject deal, continue strikeSpeed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
-
Ports reopen after dockworkers halt strikeSpeed Read The 36 ports that closed this week, from Maine to Texas, will start reopening today
-
The pros and cons of globalizationPros and Cons Globalization can promote economic prosperity but also be exploitative
-
Why are global stock markets plunging?Today's Big Question Europe, Asia and Wall Street have all suffered big falls after US economy data spooked investors
-
What are meme stocks and why are they back?The Explainer Like it or not, GameStop and AMC are back on Wall Street
