US STOCKS-Wall Street reverses, ends higher in late session rally

Yahoo! Finance Jan 24, 2022 04:45 PM ET

Wall Street bounced back from a steep sell-off late in the session to close higher on Monday, with bargain hunters pushing the indexes into positive territory by closing bell. The S&P 500 earlier came close to confirming a correction by appearing on track to close more than 10% down from its most recent all-time high reached on Jan 3 as investors focused on concerns about an increasingly hawkish Federal Reserve and geopolitical tensions. The S&P 500 recovered 4.3 percentage points from its ses...