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Dow Rises 263 Points, Posting 2nd Best Day of 2014

By: , dated October 17th, 2014
Stocks end day sharply higher as strong earnings reports are being delivered. The rebound rally in Europe also aided in the rally, ending the Dow’s six session losing streak. The 5.6% drop that Wall Street experienced yesterday pales in comparison to many other drops in October, and it didn’t even make the top 10 worst Octobers in stock history. In 2008, there was 16.9% drop on the Street and in 1987 Black Monday arrived with a 20.47% drop.

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