Dow Reverses Early Losses to Close With Modest Gains
Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Monday, December 10. Despite the Dow Jones Industrial Average’s 500-point plunge early in the day, major U.S. indexes reversed their four-day losing streak to close with modest gains. The Dow Jones Industrial Average, S&P 500 and NASDAQ advanced 0.1%, 0.2% and 0.7%, respectively. Meanwhile, the Labor Department’s Job Openings and Labor Turnover Survey for October revealed 7.1 million job openings—the second-highest level on record.