DOW JONES INDUSTRIAL AVERAGE (DJIA) summary
Index Value: 12,270.17
Trade Time: January 23
Change: Up 298.98 (+2.50%)
Prev Close: 11,971.19
Open: 11,969.08
Day's Range: 11644.81 - 12276.67
The DJIA experienced another extremely volatile day as it traded within a whopping 630 point range. It opened down as the Dow Futures traded lower in the day. It stayed in negative territory with triple digit declines for the first half of the trading day.
In the afternoon session however, the US equities market mounted a huge rally as it advanced steeply from near its day's low levels and then closed near its high. The turnaround is a big confidence booster to investors and enabled the DJIA to break above the 12,000 level convincingly.
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