U.S. stocks got whiplash on Thursday, recovering huge losses incurred during the day and continuing record gains from the day before.
European stocks, however, were not able to rally again, dropping mostly lower.
For more on this and other news around the world we turn to our Ro Aram…
Aram.. what's the latest?
Well Mark… Thursday's trading session started with a massive sell-off, mostly sparked by weak U.S. consumer confidence data for December.
Trading see-sawed throughout the day, with the Dow plunging more than 600 points before clawing back losses late in the afternoon.
This allowed Wall Street to continue its rally from Wednesday, when the Dow Jones posted its highest gains in a decade.
The Dow ended Thursday's session nearly 1.1 percent higher to close at just under 23,140.
The Nasdaq was up about 0.4 percent and the S&P 500 gained close to 0.9 percent.
However, it wasn't the same story in Europe.
London's FTSE 100 closed 1.5 percent lower, Germany's DAX was down a whopping 2.4 percent and France's CAC-40 edged down 0.6 percent.
European stocks, however, were not able to rally again, dropping mostly lower.
For more on this and other news around the world we turn to our Ro Aram…
Aram.. what's the latest?
Well Mark… Thursday's trading session started with a massive sell-off, mostly sparked by weak U.S. consumer confidence data for December.
Trading see-sawed throughout the day, with the Dow plunging more than 600 points before clawing back losses late in the afternoon.
This allowed Wall Street to continue its rally from Wednesday, when the Dow Jones posted its highest gains in a decade.
The Dow ended Thursday's session nearly 1.1 percent higher to close at just under 23,140.
The Nasdaq was up about 0.4 percent and the S&P 500 gained close to 0.9 percent.
However, it wasn't the same story in Europe.
London's FTSE 100 closed 1.5 percent lower, Germany's DAX was down a whopping 2.4 percent and France's CAC-40 edged down 0.6 percent.
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