Since January 3, within a one-month span, the Dow Jones Industrial Average has recovered from 22,682 points to 25,102 points, by more than 10 percent. It has been a stunning 30 days for the Dow Jones, which was at risk of entering a bear market after falling by 19 percent from its all-time high. The short-term recovery of the Dow was mainly attributed to the Federal Reserve rate, which is expected to remain stable in the range of 2.25 percent to 2.5 percent. But, another key factor may have largely affected the sentiment around the U.S. stock market throughout the
Dow Jones Sess Stunning 10% Recovery, But This One Key Factor Could Fuel Even More Growth by CCN
* First published on ccn.com
