Dow rebounds 1,167 points a day after suffering worst plunge since financial crisis - Business Insider

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Dow rebounds 1,167 points a day after suffering worst plunge since financial crisis - Business Insider
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Dow rebounds 1,167 points a day after suffering worst plunge since financial crisis

in 1991 — 31% at its intraday low — rebounded as much as 11% on Tuesday and ended the day roughly 10% higher.GOLDMAN SACHS: These 15 stocks are plunging with the market, but their powerful long-term growth could make them bargains to buy right now

The jump in oil prices is "not a clear signal just yet," Collin Martin, fixed income strategist with the Schwab Center for Financial Research, told Markets Insider in an interview. Low oil prices for an extended period of time will be "very challenging for energy companies, especially the highly leveraged ones," he said.

Investors should remain "rational, disciplined, and unemotional" while navigating current market swings, Dev Kantesaria, managing partner at Valley Forge Capital Management, told Markets Insider in a note. "We are fortunate to have a recent example — the 2008-2009 financial crisis," he said. "The impressive rebound in public equities over the last decade should be a lesson to those worried about where share prices will be next month or next quarter."

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