Even with the recovery, the Dow is headed for its worst week since the 2008 financial crisis. As Wall Street continues to worry about future inflation and rising interest rates, the Dow Jones Industrial Average fell over 1,000 points for the second time this week.
In early morning trading in Hong Kong, the Hang Seng was down 3.6% while Tokyo's Topix had fallen 2.5%.
The S&P/TSX composite index was down 105.59 points, or 0.7 per cent, at 14,960.02 after losing 1.7 per cent on Thursday. The broader S&P 500 also regained ground, climbing to 2,590.40 on a gain of 9.4 points, or 0.36 per cent. The Nasdaq composite slid 76 points, or 1.1 percent, to 6,700.
Fresh gunshots heard — Sunjwan attack
Jammu's Inspector General of Police SD Singh Jamwal said suspicious movement was noticed at around 4.55 am on Saturday. The terrorists are said to be still inside the military camp but their number is yet to be ascertained.
In currencies, the dollar clung to its earlier gains against a basket of currencies as Wall Street's major indexes edged up.
Corrections are seen as entirely normal occurrences, and the market, now in its second-longest bull run of all time, has not seen one in two years, an unusually long time.
White House spokesman Raj Shah expressed concern about the drop in stocks, but continued to point to robust employment data and corporate earnings as signs that "long term fundamentals demonstrate a healthy economy".
Oil sank as record-high USA crude output added to concerns about a sharp rise in global supplies.
The pan-European FTSEurofirst 300 index lost 1.66 percent and MSCI's gauge of stocks across the globe shed almost 1 percent. The benchmark 10-year yield fell 2 basis points to 2.86% Friday afternoon. Ten-year Treasury yields fluctuated near their four-year highs, while the yen found traction as a haven from the stock turmoil.
Winter Storm Warning is in effect for Wednesday into Wednesday night
Much of the region from southern IN northeast through ME was under either a winter storm watch or warning. The latest road conditions for the state you are calling from can be obtained by calling 5 1 1.
The Australian share market looks set to open around 1.5 per cent lower after Wall Street's key index again take a painful tumble.
On Thursday, the USA stock markets fell sharply, with the Dow Jones industrial average dropping 4% or 1,033 points, to 23,860.
When this is compared to October 19 1987 - Black Monday - the Dow sank by more than 22 per cent but only 508 points, which amounted to a crash, albeit a brief one. It was up as much as 349 shortly after the opening bell.
The S&P 500 lost $2.49 trillion in market value since January 26 through Thursday, according to S&P Dow Jones Indices. Skechers USA climbed $1.67, or 4.4 percent, to $39.85.
Team competition to open Olympic figure skating program
In all, a awful display of men's figure skating on the morning before the evening opening ceremony of the XXIII Winter Olympics . Japan's Shoma Uno took first, Israel's Alexei Bychenko came in second, and Patrick Chan of Canada took third place.