Comment on US markets recover modestly a day after big plunge

US markets recover modestly a day after big plunge

"Investors should expect more volatility to come in this market," said Mark Luschini, chief investment strategist for Janney Montgomery Scott. The Shanghai composite index opened more than 4 percent lower, but turned positive by midday and eventually ended the day down only 0.2 percent. The volatile trading led some analysts to suspect Beijing was intervening to support share prices heading into a two-day holiday. A private survey showed that U.S.

 

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