These 2 Recovery Plays Outshined the Falling Stock Market Thursday
Investors remained nervous about the stock market on Thursday, trying to weigh the latest readings on the U.S. economy and decide whether market gains in 2020 reflected too much optimism about a potential recovery.
Testimony earlier in the week from officials at the Federal Reserve and the U.S. Treasury pointed to the possibility of overvalued stocks, and market participants were especially leery of some of the companies whose shares have jumped the most over the past year.
As of 11 a.m. EDT today, the Dow Jones Industrial Average (DJINDICES: ^DJI) was down 307 points to 32,113. The S&P 500 (SNPINDEX: ^GSPC) had fallen 30 points to 3,859, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) dropped 158 points to 12,803.
Source Fool.com
