Market Swings Are Becoming New Standard
By LOUISE STORY and GRAHAM BOWLEY
Published: September 11, 2011
The stock market just can’t seem to make up its mind.
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Paul Taggart/Bloomberg News
A trader at the New York Stock Exchange last week, where significant swings were seen almost every day.
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Era of Higher Stock Volatility
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Day after day, stocks swing sharply by hundreds of points. Last week they tumbled 3 percent in the first 90 minutes of trading on Tuesday morning, then on Wednesday closed nearly 3 percent higher and dropped almost 3 percent on Friday. All of this on the heels of unusual back-to-back 4 percent leaps and dives in one week in August.
via Stock Market’s Sharp Swings Grow More Frequent – NYTimes.com.