NEW YORK | Stocks wobble after an early drop as markets stay volatile

2Jan - by Editor - 0 - In STL.News

NEW YORK — Jan 02, 2019—The roller coaster ride on Wall Street resumed on Wednesday, the first trading day of the new year, as stocks plunged in the morning and then climbed much of the way back.

The Dow Jones Industrial Average dropped as much as 398 points in the first few minutes of trading after more shaky economic news from China. But it soon recouped those losses, and late in the afternoon, almost two-thirds of the stocks on the New York Stock Exchange were trading higher.

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