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Location: Home / Technology / Here's why stocks are on such shaky ground to start January

Here's why stocks are on such shaky ground to start January

techserving |
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It was a wild day for stocks on Monday, adding to the market's shaky start to 2022.

The Dow Jones Industrial Average fell as much as 1,000 points, before coming back to close about 100 points higher. The S&P 500 was off by nearly 4% at its session low but managed to eke out a small gain. The Nasdaq Composite rose 0.6% after falling as much as 4.9%.

Despite the late-day jumps, both the Dow and S&P 500 are on pace for their worst month since March 2020, when the market fell into turmoil amid the pandemic. The Nasdaq, meanwhile, is still headed for its biggest one-month loss since October 2008.

Here's why stocks are on such shaky ground to start January