Stocks open flat following 4 days of losses
U.S. stock markets opened relatively flat on Tuesday after four days of losses.
The Dow Jones Industrial Average was up 17 points, or 0.1 percent, and the S&P 500 was up 16 points, or 0.5 percent.
After a record August, stocks have been volatile in September, coming down from newfound heights amid concerns over COVID-19, lack of progress on a new stimulus package and some concerns of a bubble.
For much of the trading day Monday, the Dow was down over 800 points before closing with a 500-point loss.
The volatility come with just six weeks until the presidential election, and amid a raucous partisan battle over filling Justice Ruth Bader Ginsburg’s Supreme Court seat.
A spike in COVID-19 cases in Europe and the U.K. has also threatened renewed lockdowns, raising concerns over global economic prospects in the coming year.
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