BREAKING NEWS
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U.S. markets close lower after a strong opening rally |
Tuesday, August 25, 2015 4:09 PM EDT
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A strong rally in the stock market rapidly faded on Tuesday afternoon, killing hopes for an end to the recent turmoil in the markets. |
The Standard & Poor’s 500-stock index closed down 1.3 percent, after earlier rising almost 3 percent from Monday’s close. The Dow Jones industrial average finished the day down 1.3 percent, or more than 200 points, on Tuesday. The Dow was up as much as 441 points in the morning. |
Tech stocks also fell after climbing earlier in the day, with the Nasdaq finishing 0.4 percent lower. |
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