decline: The Nasdaq's gains Wednesday trimmed its monthly decline to 9.2% still the index's worst month since November 2008, according to CNN. The S&P 500 ended the month down 6.8%, its steepest decline since September 2011. The Dow rose 241 points Wednesday, or 1%. The Nasdaq jumped 2%, while the S&P 500 climbed 1%. The solid trading session follows a strong Tuesday in which the Dow soared 432 points. Expect stocks to get back on track following this month's pullback, Brian Belski, chief investment strategist for BMO Capital Markets, said Wednesday on CNN's Markets Now live show. Read More We never like to see people lose money, but we needed to take some complacency out of the market, he said. Belski described the dip as very normal and very healthy.
(news.financializer.com). As
reported in the news.
Tagged under decline, wednesday topics.