Traders work on the floor of the New York Stock Exchange (NYSE) moments before the Closing Bell on February 8, 2018 in New York City.
China was the worst performer in Asia on Friday - on track for its worst day in almost two years - as losses deepened from declines seen earlier this week.
After a rollicking ride, stocks reversed losses at close on Friday. The market appears to be telling us that earnings rather than valuations will have to do the heavy lifting for the next year or two.
US stocks started to tumble last week after the Labor Department said workers' wages grew at a fast rate in January.
The market's turmoil began last Friday and has continued this week as investors anxious about early signs of inflation. The first of those rate hikes is expected in March.
In Europe, markets were unnerved Thursday by the Bank of England's indication that it could raise its key interest rate in coming months due to stronger global economic growth.
After swinging up and down several times, the Dow Jones industrial average ended the day up 330 points, or 1.4 percent, at 24,191. Gold futures erased losses to push higher, the yen strengthened and even Treasuries pared the worst of their declines. It hasn't been that low since mid-November.
Koreas share historic handshake at Olympic opening ceremony
Several days of violent demonstrations were held outside Seoul's Yonsei University in opposition to the South Korean government. It is extremely rare for a Japanese prime minister to communicate with a high-ranking official from North Korea's ruling party.
Meanwhile, the Nasdaq composite index was down 274.82 points, or 3.90 per cent, to 6,777.16.
Instead the plunge in market prices on Monday amounted to a stock market correction.
The losses were broad.
U.S stocks rallied to end a volatile Friday, cutting into two weeks of steep losses.
Analysts cited higher Treasury bond yields as the catalyst for the drop, coupled with the view that the market surged to unsustainably high levels in December and January in the euphoria over USA tax reform. The Fed's key rate was "near zero for years". The company also said it will pay $400 million to buy Australian retailer Bras N Things.
The Wall Street Crash continues on Black Tuesday. The stock dropped $28.24 to $59.80.
Twitter soared 26 percent early Thursday after reporting its first-ever quarterly profit.
US expresses concern over chemWeap attack in Syria
They have taken refuge in the north of the province in one of the biggest displacements of the war so far, Moumtzis said. It was the first time a Russian jet was shot down over Syria since Russia launched its air campaign on Assad's behalf.
Chinese markets fell despite unexpected strongly trade data Thursday. The stock rose $3.27 to $30.18.
Yum! Brands (YUM) announced a new partnership with online and mobile takeout food-ordering company Grubhub Inc. GrubHub will provide the delivery people and technology to let people order food from those restaurants.
During lunchtime trading the NZX50 was down 1.6 per cent, or 133 points, briefly sending the index down 5 per cent on the record high it set on January 5.
"The trigger has been the really fast rise in bond yields", said Evan Brown, director of asset allocation at UBS Asset Management. That also sent the pound higher. Meanwhile, Germany's Dax has dropped 0.1 per cent, France's Cac is 0.2 per cent lower and Italy's FTSE MIB has fallen 0.57 per cent. Tokyo's Nikkei 225 was off 2.3 percent and Hong Kong's Hang Seng retreated 3.2 percent.
Bond prices wobbled and turned higher. The country's 10-year yield almost surpassed a four-year high of 2.885 percent in the morning trading Thursday, a level that helped trigger a global sell-off in equity markets on Monday. "I think we have a few more days to go".
The pan-European FTSEurofirst 300 index lost 1.89 per cent and MSCI's gauge of stocks across the globe shed 1.26 per cent.
U.S. WTI crude oil fell for the fifth straight day, -1% at $61.15/bbl.
Flu still on the rise, hospitalizations high, CDC says
There have been 51 deaths in Georgia with 11 of those here in our area - within 100 miles of each other. Ten more children were confirmed dead from the flu last week, bringing the national total to 63.
The Dow fell about 400 points Friday afternoon.
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