A few notes on today’s market:
Up 889.35. That’s quite a day for the Dow, even in these volatile days of triple-digit swings.
One note on today’s activity – I’ve heard from Steve Claiborne at Russell Investments, and he tells me that as far as the Russell 3000 goes, this was the third-most volatile day on record for the broad-market index.
The most volatile came on October 19, 1987 – when the index slipped 18.03 percent. The next came on October 13, just two weeks ago – when the index gained 11.47 percent. And then comes today, with the 3000 up 10.24 percent.
Among the Top 10 most active trading days in the history of the 3000 – five have hit in the last 30 days.
Eight have come during the month of October.
Happily for those of us who prefer calm, November starts on Saturday.