Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,852.22
Trade Time: Oct 17
Change: Down 127.04 (-1.41%)
Prev Close: 8,979.26
Open: 8,975.35
Day's Range: 8718.25 - 9281.12
After opening steeply lower and being down more than 260 points very early; the DJIA slowly advanced to hurdle the 9000 level.
By mid-afternoon the DJIA was up by 300 points or a swing of more than 560 points.
Another late session sell-off brings the DJIA below the 9000 level and end with a triple digit loss.
WallStreet continue to experience wild volatility. Warren Buffett's statement that "Now is the time to Buy US equities" was offset by very weak housing stats.
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