Stocks Stabilize After Massive Selloff The NASDAQ Composite ground higher in choppy trading on Wednesday as investors tried to find their footing after the biggest one-day drop in more than two years. The Dow Jones Industrials gained 30.12 points Wednesday to 31,135.09 The SP 500 piled on 13.32 points to 3,946.01. The NASDAQ Composite rocketed 86.1 points to 11,719.68. Moderna was one of the top performers in the NASDAQ, jumping more than 6%. Tesla rose 3.6%, and Apple tacked on 1%. Wednesday’s late day 52-week lows in the SP 500 included Intel, which fell to the lowest since February 2016. Other stocks hitting 52-week lows included Walgreens Boots Alliance lowest since Nov. 2020 Capital One (Jan. 2021) Quest Diagnostics (March 2021) The Dow sank more than 1,200 points Tuesday, or nearly 4%, while the SP 500 lost 4.3%. The NASDAQ Composite dropped 5.2%. It was the biggest one-day slide for all three averages since June 2020. The market moves came after August’s consumer price index report showed headline inflation rose 0.1% on a monthly basis despite a drop in gas prices.