How Monday's Stock Market Silver Squeeze Fared
The stock market rebounded sharply on Monday, bouncing back from losses at the end of last week. As of just after 1 p.m. EST, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 240 points to 30,223. The S&P 500 (SNPINDEX: ^GSPC) gained 60 points to 3,774, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) outpaced them all with a massive 322-point gain to 13,394.The attention on Wall Street remains squarely on the efforts of the groups of individual investors spearheading the big moves in short-sold stocks, like GameStop (NYSE: GME). Over the weekend, those investors targeted the silver market, and they were largely successful in pushing prices higher. Yet the gains that investors are seeing from these silver-squeeze candidates aren’t nearly as large as the moves in GameStop and other stocks were.Image source: Getty Images.Continue reading
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