Dow rallies by 1,000 points, erasing record Christmas Eve losses

NBC – In the first day of trading since Monday’s record decline, the Dow Jones Industrial Average on Wednesday soared by over 1,000 points, erasing its historic Christmas Eve losses to set a new record: Most points gained in one day.
The broader S&P 500 was also higher, notching a 4.9 percent rise, and the tech-heavy Nasdaq picked up by around 5.8 percent.
Market participants had been bracing themselves for volatility as trading resumed after the holiday break, with tensions