After a week of ups and downs for the stock market, the Dow Jones closed up for the second day in a row, up 126 points, reports CNN. That leaves it down 170 points, or 1.5 percent for the week, meaning the market has recouped most of its losses. Hopefully the trend will continue upward; another crash in this climate would be pretty nasty. "We don't think this will turn into a bear market," as Matt King, chief investment officer at Bell Investment Advisors told CNN. "Looking back through history, we can't find a single instance of a bear market that has happened in the face of rising earnings and an accommodative monetary policy."
This article is from the archive of our partner The Wire.
We want to hear what you think about this article. Submit a letter to the editor or write to email@example.com.