Dow tumbles as volatility returns to Wall Street
CNN
Volatility is back on Wall Street: Stocks are falling as central banks around the world turn more hawkish and worries about the omicron variant increase ahead of the holidays.
US stocks mostly added onto their losses from the prior session, with the Dow (INDU) falling as much as more than 600 points Friday morning before recovering some of its lost ground. By the early afternoon, the index was down 1.2%, or some 430 points. Similarly, the broader S&P 500 (SPX) was trading 0.7% lower after recouping some of its earlier losses.
The Nasdaq Composite (COMP), which was the biggest loser Thursday as tech stocks came under fire, also initially traded in the red before turning green. In the early afternoon the index was flat.
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