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.