The Stock Market’s Dirty Little Secret

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Wall Street took investors on a roller coaster ride on Thursday, as initial pessimism about the stock market‘s prospects gave way to a relief rally. By the end of the day, all three major market benchmarks were able to finish in the green, although the Nasdaq Composite (NASDAQINDEX: ^IXIC) just barely pushed its way into positive territory. Larger gains of more than a half-percent for the Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) reversed what had been even steeper losses earlier in the session.

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