Dow gains more than 600 points as wild stock market volatility continues
CNN
The stock market's volatility is showing no signs of letting up. US equities are rallying on Thursday, attempting to rebound from the prior two days of steep losses.
All three major indexes are in green and then some: The Dow (INDU) is up nearly 700 points, or 2%, in late afternoon trading, while the broader S&P 500 (SPX) is up 1.6%. The tech-heavy Nasdaq Composite (COMP) is lagging behind slightly, up "only" 0.7%.
The rocky ride in the market started last week Friday when concerns about the newly identified Omicron variant spooked investors, inciting memories of the highly infectious Delta variant, which weighed on the recovery over the summer.
One year ago this week, Joe Biden was president. I was in Doha, Qatar, negotiating with Israel and Hamas to finalize a ceasefire and hostage release deal. The incoming Trump team worked closely with us, a rare display of nonpartisanship to free hostages and end a war. It feels like a decade ago. A lot can happen in a year, as 2025 has shown.
Two people are dead and others are missing after a fire and explosion tore into a nursing home on the outskirts of Philadelphia, Pennsylvania, spurring local responders, bystanders and staff to rush the elderly population to safety, Gov. Josh Shapiro said.
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The Justice Department’s leadership asked career prosecutors in Florida Tuesday to volunteer over the “next several days” to help to redact the Epstein files, in the latest internal Trump administrationpush toward releasing the hundreds of thousands of photos, internal memos and other evidence around the late convicted sex offender Jeffrey Epstein.
The US State Department on Tuesday imposed visa sanctions on a former top European Union official and employees of organizations that combat disinformation for alleged censorship – sharply ratcheting up the Trump administration’s fight against European regulations that have impacted digital platforms, far-right politicians and Trump allies, including Elon Musk.
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Warning: This post contains language readers may find disturbing.
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