View full sizeRichard Drew / APTrader Gregory Rowe and specialist Jennifer Klesaris work on the floor of the New York Stock Exchange on Friday. Is it time to panic? It’s impossible to predict where stocks are heading, but history does offer some solace to jittery investors.
NEW YORK (AP) — Is it time to sell everything or buy with abandon? Investors can’t make up their minds.
This week was one of the most volatile in the history of Wall Street. The Dow Jones industrial average swung more than 400 points four days in a row — down, then up, then down, then up.
The Dow Jones industrial average finished Friday with a gain of 125 points, closing at 11,269.02. Most other times a 125-point gain would be a fairly big day. By this week’s standards, it was a sleeper. Friday capped a week when the blue-chip index had four 400-point swings in a row for the first time in its 115-year…