A screen shows the Dow Jones Industrial Average during trading on the floor at the New York Stock Exchange in New York, US
could push the economy into recession, although stocks regained some ground right at the end of a volatile session.The Nasdaq managed to eke out a 0.01% gain after plunging as much as 3.5% during the session. After falling as much as 4.2% – more than 1,000 points – the Dow ended the day down 1.4%. On Thursday, all three indexes had confirmed corrections by finishing more than 10% below their closing record highs.
But investors had spent most of the day dumping equities for the safety of US Treasuries, pushing 10-year yields to their fourth record low this week.
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