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https://www.wsj.com/articles/global-stocks-markets-dow-update-01-24-2022-11643011323
Major U.S. stock indexes registered a massive comeback Monday to close higher after the Dow industrials were down more than 1,100 points at midday.
Just after noon, the Dow was off 3.25% and the Nasdaq Composite Index had dropped 4.9%. The declines extended the losses that have hammered a once-buoyant market this month, battering the shares of technology firms, smaller companies and once-highflying sectors such as cryptocurrencies. At their lows Monday, shares of vaccine developer Moderna were down more than 40% for the year, while bitcoin had lost more than half its value at its November high.
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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.