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U.S. stocks bounce up and down as a turbulent week unnerves investors

Dec 21, 2018 - Washington Post Blogs

The market turbulence of the past weeks resumed Friday as stocks bobbed up and down before sliding deep into losses by the end of trading.

U.S. stocks rebounded briefly after comments by Federal Reserve official John Williams eased investor worries that the central bank was locked into raising rates in 2019. But an hour later, the Dow Jones industrial average had given most of that up.

Political gridlock in Washington put the market in a downward spiral as President Trump held fast t...