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Dow Jones sees slight recovery after record drop

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Posted at 4:07 PM, Mar 17, 2020
and last updated 2020-03-17 16:07:47-04

The roller coaster ride known as the Dow Jones Industrial Average had a positive day on Tuesday, as pharmaceutical companies and some retailers led a small rally.

The Dow took back more than one third of its Monday losses, finishing the day up more than 1,000 points. The Dow lost a record-breaking 3,000 points on Monday, marking the largest one-day point drop in the market's history.

The day started off sluggish, as the Dow briefly dropped below 20,000 points for the first time since 2017.

Despite the Dow gaining 5% of its value back, the market has lost 29% of its value since February.

Amid coronavirus fears, the travel and hospitality industry have taken massive hits in value.