Business
Stocks Recover From Early Losses. It’s a Familiar Pattern.
The stock market started to climb out of its early hole on Monday. Pardon me if you’ve heard this one before.
The Dow, after nearly falling 900 points in the first hour of trading, was down just 280 points, or 0.6%. The S&P 500 cut its decline to 0.2%. The Nasdaq Composite was actually up 0.2%.
The stock market was following an identical pattern that played out most of the past week: The Dow racked up big declines early, but the indexes climbed out of the early hole as oil prices ease slightly.