The Dow Jones Industrial Average surged 569 points Tuesday, posting the single-largest rally in 15 months.
The Dow closed at 24,912.77 Tuesday afternoon, gaining 567 points after losing over 500 points at the opening bell. All three major U.S. indexes fluctuated between gains and losses over a dozen times Tuesday.
The benchmark index was down over 1,500 points at its lowest point Monday, incurring its single-largest loss ever in a trading session. The Dow, S&P 500 and NASDAQ indexes lost roughly eight percent of their respective values Monday, causing many to believe the market was in for a correction.
ALSO WATCH: Trump Gets Rock-Star Treatment
Adding to investor concerns, the measure of stock market volatility (VIX) surged over the next month, surging above 50 — the measures highest level since 2015.
Send tips to [email protected]
Freedom of Speech Isn’t Free
The Daily Caller News Foundation is working hard to balance out the biased American media. For as little as $3, you can help us. Make a one-time donation to support the quality, independent journalism of TheDCNF. We’re not dependent on commercial or political support and we do not accept any government funding.Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact [email protected].