Stocks Surge 2% Friday But Why Are They So Volatile Lately?

Published Friday, February 12, 2016 at: 7:00 AM EST

The Standard & Poor's 500 gained 2% on Friday, a big and much-welcomed surge after losses all week. The big gain was widely attributed to a jump in oil prices."A surge in oil prices helped put investors in a buying mood early on," the Associated Press reported Friday evening. The sudden correlation of stocks and oil prices is remarkable for revealing just how irrational and emotional the stock market can be. The chart above shows the relationship between crude oil and stock prices for the last two months. What happened to the black line from June 2014 to the...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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