The blue-chip index is sporting a muted 47-point lead at midday
| 9/21/2021 | | Have you seen our volatility scorecard? Sign up by clicking here! | Dow Struggles for Direction After Monday's Freefall | By: Lillian Currens | The Dow Jones Industrial Average (DJI) made a valiant attempt to bounce back from yesterday's dismal trading, adding over 343 points at its peak, before plummeting back towards breakeven at midday. The benchmark was last seen up 47 points, while both the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also tentatively higher. Investors are keeping an eye on Asian markets, which began to stabilize after China's Evergrande crisis sparked a selloff on Monday. Back in the U.S., attention is turning to the Federal Reserve's potential tapering plans, which could be determined during the two-day meeting that kicked off today. Meanwhile, the Cboe Volatility Index (VIX) is taking a breather, after yesterday surging to its highest level since May. Continue reading for more on today's market, including: - An encouraging vaccine development from Johnson & Johnson.
- Why this analyst is shining a light on Enphase Energy stock.
- Plus, HLBZ bounces back on Amazon.com deal; EDSA cools from yesterday's surge; and options bulls blast QS after major automotive agreement.
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