Wall Street takes a wild ride
NEW YORK (LilaMax Media) —
The Dow Jones had a range of 1,100 points Tuesday. After two huge sell-offs, stocks had a wild ride and closed higher in a day of extraordinary volatility. Most financial experts think the bull market will resume once this correction is over. Ivan Feinseth with Tigress Financial Partners says strong economic fundamentals are still intact and believes the sell-off is a buying opportunity. The Dow closed up 567 points to 24,912. Most of the major indexes were higher by about 2 percent on the day.
Speaking of rocket ships: SpaceX launched the most powerful rocket on earth. The rocket lifted off Tuesday from a historic Apollo-era launchpad at Kennedy Space Center in Florida. CEO Elon Musk put his Tesla roadster car on top as a test payload. If the launch is successful it could change industry, the U.S. military, and NASA.
Disney theme park crowds packed the "Avatar" land, helping boost the company. The company also announced it was expanding its "Star Wars" universe, hiring the creators of HBO hit "Game of Thrones to create new films. It also said its new ESPN streaming service will cost $4.99 a month and start in the spring.
February is one of the best months to buy a mattress. Business insider says there are a lot of Presidents Day sales. When shopping for a mattress, keep in mind that you don't necessarily need to buy a new box spring as well, though the sales staff may try to talk you into it.