An afternoon rally Monday rescued the market from a potentially disastrous day that saw the Dow Jones fall as much as 440 points and the Nasdaq threaten to plunge below 1300.
But by the time the closing bell had rung, the Dow had erased 90% of its losses to finish down 45 points, closing at 8639, while the Nasdaq eked out a 9-point gain, finishing at 1382. The S&P 500 took a similar terror ride, falling 3.5 to 918 after being down 46 points.
Reflecting the strength of tech stocks in Monday’s session, the