Nasdaq ekes out gain to post biggest intraday rebound since February 2020

nasdaq-ekes-out-gain-to-post-biggest-intraday-rebound-since-february-2020

Stocks ended mostly lower but well off session lows Monday, with the tech-heavy Nasdaq Composite erasing its early plunge to eke out a small gain. The Nasdaq COMP, +0.05% finished with a gain of around 7 points, or less than 0.1%, near 14,943, according to preliminary figures, after falling as much as 2.7% at its session low. The reversal marked the index’s biggest intraday comeback since Feb. 28, 2020, according to Dow Jones Market Data. The Dow Jones Industrial Average finished with a loss of around 163 points, or 0.4%, near 36,069 after dropping by around 592 points at its low. The S&P 500 SPX, -0.14% closed with a loss of around 7 points, or 0.1%, near 4,670.

Source: Marketwatch

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