Dow is on track for narrowest intraday range since before the selloff began

The Dow Jones Industrial Average is down 94 points in midday trade Tuesday, but has so far traded in the narrowest intraday range in three weeks, or since before the recent selloff began. The Dow’s intraday range is just 148.15 points, the narrowest since the 102.19-point intraday range on Jan. 23, which was three days before the Dow’s Jan. 26 record close of 26,616.71. On a percentage basis, the intraday swing has been 0.61%, also the smallest range since Jan. 23’s 0.39%. Despite the Dow’s narrow range, the CBOE Volatility Index is up 2.2%. So far on Tuesday, the Dow was down 32.09 points at its intraday high of 24,569.18 and down 180.24 points at its intraday low of 24,421.03. Des

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Leave a Reply