Source: International Business Times
The historical data show the Dow typically posts little change the day after a 1,000-point selloff, with a median return hovering around flat. Spencer Platt/Getty Images The Dow Jones Industrial Average suffered another dramatic selloff Wednesday, dropping more than 1,000 points after the Federal Reserve left interest rates unchanged while oil prices climbed toward $85 a barrel, reigniting concerns that inflationary pressures could remain elevated. While a four-digit loss grabs headlines, recent market history suggests these steep declines have often followed a familiar pattern.
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