The Dow tumbled more than 1,000 points, and the broader market plunged 3% Monday. The Nasdaq, full of risky tech stocks, dropped 3.5%. All of that comes amid a global market selloff. After three days of steep losses that dragged the stock market down 7%, stocks are finally poised to rise Tuesday. Just not by all that much. Dow futures were up just 130 points. Several key House races remain undecided. A so-called red wave could usher in an era of deregulation and other pro-business laws and policies that investors believe could benefit the stock market. US stocks dropped Monday, with the Dow falling by 418 points, or just under 1%, as markets close out a record year. The stock market’s losses continued to ease off. The Dow was 750 points, or 1.9% lower. The S&P 500 declined 2.1% and the Nasdaq Composite lost 2.5%. Investors’ fear seemed to abate somewhat, too.
After three days of steep losses that dragged the stock market down 7%, stocks are finally poised to rise Tuesday. Just not by all that much. Dow futures were up just 130 points.
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