Stocks Tumble, As Dow Ends More Than 1000 Points Lower

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The Dow Jones industrial average jumped as much as 350 points in morning trading, erasing an early plunge of more than 500.

USA stocks rallied Tuesday as a late surge helped them regain nearly half their losses from the day before, when they had their biggest plunge in 6 ½ years amid heavy trading and huge swings for the market.

Investors remain fearful that signs of rising inflation and higher interest rates could stifle the bull market that has pushed stocks to record high after record high in recent years.

The FTSE 100 fell 0.4% in opening trading but rebounded later in the morning, proving more resilient than United States markets which suffered losses of more than 4% in yesterday's trading.

The Dow Jones index took again this Thursday with force downward trend and closed session with a fall of 4.1%, after being left by road 1,033 points. The Nasdaq composite added 97.33 points, or 1.4 percent, to 6,874.49.

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With Thursday's losses, the Dow and S&P 500 have now fallen more than 10 percent from their peaks, meeting the official definition of a "correction" in financial parlance and marking an about-face from the bullishness of early 2018.

Although the bond market quickly recovered back then, what's different now is that the inflation data is starting to look stronger and central banks globally are sounding less dovish, meaning there's very little to keep yields from continuing to rise.

The pullback came amid another spurt higher in Treasury bond yields, a focal point for investors concerned that the Fed may accelerate rate hikes if inflation rises suddenly.

The S&P 500 also suffered, plummeting 101 points to finish at 2,581.

Emerging market stocks lost 0.88 percent. Heating oil lost 1 cent to $1.92 a gallon.

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"Investors should avoid the "hero complex" and try to declare a bottom", he says. A key gauge of global stock indexes was down almost 1 percent. Three stocks fell for every one that rose on the New York Stock Exchange, and nine out of the 11 industry sectors in the S&P 500 index were down.

On Friday, benchmark 10-year notes were last down 2/32 in price to yield 2.855 percent, near where they ended at last Friday. "There's a fair amount of volatility in the market, and our belief is the volatility is leaving investors riddled with stress and uncertainty, which is likely to continue". Numerous companies that rose the most over the a year ago have borne the brunt of the selling. Natural gas added 1 cent to $2.76 per 1,000 cubic feet.

"The last thing anybody should do is overreact to traditional volatility", Guerrini said. It's 10.2% drop since its January 26 record high is its biggest since a 14.2% decline ending in February 2016. His promises for big corporate tax cuts helped lift the Dow more than 8,000 points, though it has since given back about a fifth of that surge. South Korea's Kospi gained 0.5 percent and the Hang Seng of Hong Kong rose 0.4 percent. Skechers USA climbed $2.88, or 7.5 percent, to $41.06.

Snapchat owner Snap soared 20.6 percent after it reported surging growth in users and revenue in its latest quarter. The rest of European squares also moved downwards, despite fact that euro was changed to 1.224 dollars, since Frankfurt has lost 2.62%; Milan 2.26%; Paris 1.98% and London 1.49%.

On Monday, the Dow finished down 4.6 percent while the S&P 500 sank 4.1 percent.

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