Photographer: Michael Nagle/Bloomberg
Photographer: Michael Nagle/Bloomberg

White-Knuckled Ride for Stocks Around the World

U.S. equity indexes fluctuated on Tuesday after a tumultuous morning that saw the Dow Jones Industrial Average swing more than 900 points in 25 minutes. The benchmark gauge for U.S. share volatility went through wild gyrations after hitting a two-year high.

The S&P 500 Index plunged as much as 2.1 percent at the open of trading Tuesday before regaining ground. The Dow declined more than 500 points before it, too, bounced back. Trading volume in both benchmarks was more than double the usual pace.

Earlier, the Stoxx Europe 600 Index slumped the most since June 2016, and Japan’s Nikkei entered a correction as most of the shares on the 1,000-plus member MSCI Asia Pacific Index declined. Amid the sea of red, some safe-haven assets, including European bonds, traded higher. Treasury yields swung before nudging higher. The dollar was little changed.

Tokyo

Tokyo

Japan's blue chip Nikkei 225 Stock Average entered a correction as the nation’s shares posted the biggest decline since November 2016, following U.S. peers lower amid rising concern that inflation will force interest rates higher. 

Photographer: Noriko Hayashi/Bloomberg
New York

New York

U.S. stocks plunged, sending the Dow Jones Industrial Average down almost 1,600 points on Monday, as major averages erased gains for the year.

Photographer: Michael Nagle/Bloomberg
Sydney

Sydney

ASX 200 Index tumbled 3.2 percent to close at 5,833.30 in Sydney, its lowest level since Oct. 13, as Asian equity markets continued a sell-off.

Photographer: Brendon Thorne/Bloomberg
Hong Kong

Hong Kong

The Hang Seng Index's four-day slide accelerated Tuesday, as the Hong Kong benchmark headed for its biggest loss since China's stock market crash in August 2015.

Photographer: Sanjit Das/Bloomberg
Frankfurt

Frankfurt

The Stoxx Europe 600 Index slumped the most since June 2016.

Photographer: Alex Kraus/Bloomberg
Sydney

Sydney

Along with the ASX, the NZX 50 index retreated 2.1 percent, to 8,241.83, its biggest loss since November 2016.

Photographer: Brendon Thorne/Bloomberg
New York 

New York 

U.S. equity indexes climbed higher after a rocky start, and the benchmark gauge for U.S. share volatility reversed course after hitting a two-year high.

Photographer: Michael Nagle/Bloomberg
Frankfurt

Frankfurt

Amid the sea of red, some safe-haven assets, including European bonds, traded higher. 

Photographer: Alex Kraus/Bloomberg
Tokyo

Tokyo

The Nikkei 225 Stock Average closed at 21,610.24.

Photographer: Noriko Hayashi/Bloomberg
New York

New York

The benchmark for U.S. share volatility went through wild gyrations after hitting a two-year high.

Photographer: Michael Nagle/Bloomberg
Tokyo

Tokyo

What began with rising bond yields became a sell-off across global equity markets late last week, as investors feared the return of inflation and higher rates that could erode profitability for companies already trading at elevated valuations. 

Photographer: Noriko Hayashi/Bloomberg
New York

New York

The S&P 500 Index plunged as much as 2.1 percent at the open of Tuesday's trading before regaining ground. The gauge swung between gains and losses of more than 1 percent each for the first time since 2015 and crossed the break-even line at least a dozen times.

Photographer: Michael Nagle/Bloomberg