Investors faced another wild day on the stock market Tuesday as area bellwethers such as Apple, Facebook and Cisco Systems mirrored the roller-coaster ways that have sent stocks reeling over the last week.
The Dow Jones Industrial Average fell as much as 567 points right out of the gate, adding to the Dow’s nearly 1,200-point drop on Monday. And then, almost as soon as the Dow went into the red, the world’s leading stock-market gauge climbed back into positive territory, and was up by 254 points, at 24,600.07, within the first hour of trading.
Local Dow components also rose, with Apple up by 2.2 percent at $159.90 a share, and Intel rising almost 1 percent, to $44.60. Cisco Systems shares added 0.6 percent, to $39.01, while Visa shares rose 0.5 percent to $116.89 and Chevron shares climbed almost 2 percent, to $114.68.
Among other Bay Area stocks, gains came from Facebook, Alphabet, Twitter and Adobe Systems.
Graphics chipmaker Nvidia, which fell 14 percent between Jan. 31 and Monday, was up by 3 percent at $220.83 Tuesday. Nvidia was one of the Bay Area’s standout stocks in 2017, as its share rose 82 percent during the year.
