The index closed yesterday up 4.71% amidst rampant buying throughout the session.
Here’s a chart showing the four larger-percentage increases recorded in the past six years.
Who knows what will arrive today. While it could be up or down, it’s almost certain to be volatile.
In 2015 the daily range has averaged 90.7 points, or, expressed as a percentage of the previous day’s close, a whopping 2.37%.
To give you a comparison of just how volatile trade has been, the average daily percentage range on Australia’s ASX 200 has been 1.07% while the S&P 500 is just 0.98%.