The Dow Jones Industrial Average rallied well off its session lows, but closed down Tuesday in another volatile trading day as investors brace for updates from the Federal Reserve.
 | TUE, JAN 25, 2022 | | | | DOW | | NAME | LAST | CHG | %CHG | | AAPL | 159.78 | -1.84 | -1.14% | | MSFT | 288.49 | -7.88 | -2.66% | | INTC | 51.00 | -0.94 | -1.81% | |
| | S&P 500 | | NAME | LAST | CHG | %CHG | | F | 19.98 | -0.41 | -2.01% | | AAPL | 159.78 | -1.84 | -1.14% | | T | 26.48 | +0.14 | +0.53% | |
| | NASDAQ | | NAME | LAST | CHG | %CHG | | AAPL | 159.78 | -1.84 | -1.14% | | AMD | 111.13 | -5.40 | -4.63% | | MSFT | 288.49 | -7.88 | -2.66% | |
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The Dow Jones Industrial Average rallied well off its session lows, but closed down Tuesday in another volatile trading day as investors brace for updates from the Federal Reserve. The blue-chip average lost nearly 819 points at its low and gained roughly 226 points at its high of the session. The S&P 500 and Nasdaq Composite both finished the day lower. Tuesday's action came after markets notched one of the biggest comebacks of in history. The Dow on Monday erased a more than 1,000-point deficit to close higher for the first time ever. The Nasdaq and S&P 500 both also staged their biggest rebounds since 2008 in the heart of the financial crisis.  "Market volatility remains elevated as investors are still feeling jittery over ... a potentially aggressive Fed," OANDA's Edward Moya said in a note Tuesday. The Fed's January meeting is in focus with investors awaiting policy updates and a press conference from Chair Jerome Powell on Wednesday afternoon. Market participants expect the central bank to signal a rate hike as soon as March with more monetary policy tightening on the table. |
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