US stocks went on another dizzying ride Friday and worked their way back from an early-morning plunge to send the Standard & Poor's 500 index to its first gain in four days.
Wednesday's declines closed a month marked by spikes in volatility and fears that rising inflation could prompt the Federal Reserve to pick up the pace of interest rate hikes.
The indices closed lower for the second consecutive session amid uncertainty about the outlook for interest rates after the US Federal Reserve Chair Jerome Powell seemed to suggest that the central bank may raise rates more than the three times now anticipated.
Best Buy has been one of the best performing retail stocks over the last few years.
Detrick also said that investors were anxious aboutretaliatory tariffs from China. The S&P 500 sectors were entirely negative. The head of the European Commission said the region would respond in kind. The Nasdaq composite fell 127 points, or 1.8 percent, to 7,142.
The Dow Jones Industrial Average declined 381 points, or 1.5%, to 25,029, the S&P 500 lost 30 points, or 1.11%, to 2,714 and the Nasdaq Composite dropped 57 points, or 0.78%, to 7,273. Heavy equipment maker Caterpillar lost $3.12, or 2 percent, to $151.54 and aerospace giant Boeing gave back $8.59, or 2.4 percent, to $353.70.
The month also included a confirmation of a 10-percent correction for the stock market but that was followed by a rebound that made the monthly losses less steep.
Both indexes are about 3 per cent away from regaining the record-highs they reached in late January.
Federal Reserve chair Jerome Powell had earlier given the market a boost by saying in his second round of congressional testimony that the central bank did not see strong evidence of wage inflation or signs of overheating. Traders boosted bets the USA central bank would squeeze in a fourth rate hike this year following the remarks.
Australian shares are expected to begin the day higher, following a solid night of foreign stock trading.
Bond prices rose as demand jumped for safer investments, which pushed yields lower.
About 76 percent of the S&P 500 companies that have reported so far have topped profit estimates, according to Thomson Reuters I/B/E/S.
Celgene Corp's 9 percent drop (CELG.O) was a drag on the healthcare sector after USA health regulators rejected the company's application seeking approval of a multiple sclerosis drug.
Natural gas was virtually flat at $2.70 per 1,000 cubic feet, heating oil slipped a cent to $1.88 per gallon and wholesale gasoline gained a penny to $1.90 per gallon. That means Apple and other big USA companies are dependent on customers not only in Peoria but also Paris and Peru.
He interned for Giffords in 2011, and he was there when she and 18 others were shot in the parking lot of a supermarket in Tucson. The incident also revealed an exceedingly rare divide between Trump and Vice President Mike Pence .
According to Putin's announcement, the nuclear missiles are "invincible" and are able to navigate with an "unlimited" range. White said the U.S. would stick to its insistence that USA missile defences are not a threat to Russian Federation .
There's also an air-channelling roof spoiler, and continuous light strip at the rear - both now established Porsche design cues. There's no specific timeline yet for the car's launch, though it'll likely be after the main Mission E's 2019 production date.
Court of Appeals for the District of Columbia in another attempt to block the repeal of the federal net neutrality rules. Separately, 21 states, including Washington and OR , have filed a petition to appeal the FCC's action in the U.S.
Friday when the university was expecting parents to arrive on campus to pick students up for the beginning of spring break. Friends and teachers who knew the suspect personally, said they could not imagine he was capable of such a crime.
Infantino said that while the current VAR system "is not flawless . we have to have the ambition to get close to perfection". According to Ifab protocols, VAR should be used only in judging goals, penalties, direct red cards and mistaken identity.
Bale overtook David Beckham as the British player with the most appearances in La Liga by playing his 117th game for Real. Villarreal lost their second straight game. "We continued to play until the end and we were effective up front".
Smith, 28, was being sought by S.F. police after he fled the scene when his fiancee called 911 on Saturday night. According to a San Francisco Police dispatcher, Smith reportedly had consumed two bottles of tequila Saturday.
Trump also expressed optimism about resolving tensions with North Korea , saying he believes the country is "sincere". Trump tweets Tuesday: "The new Fake News narrative is that there is CHAOS in the White House".
Ankara says YPG is a terrorist extension of Kurdistan Workers' Party which has waged an insurgency against the Turkish state. Meanwhile, Turkish forces also took control of Shaykh al-Hadid located west of Afrin .
Trump may visit Israel for embassy move
Trump has said he will end the agreement if Congress doesn't somehow "fix" it, but he has not yet taken that step. "You did it. The Palestinians, meanwhile, said Trump's decision on Jerusalem renders the United States an unreliable actor in peace talks.
Dibaba strikes again, Russia take high jumps
Barshim landed four flawless jumps before failing three times at 2.36m, leaving the window open for the 20-year-old Lysenko. Lasitskene cleared a best of 2.01m for her 38th successive competition victory, an incredible record dating back to 2016.
BJP to form govt in Meghalaya, Conrad Sangma to be new CM
The United Democratic Party ( UDP ), which is a part of the BJP-led North East Democratic Alliance (NEDA), has won six seats. UDP president and RDA chairman Donkupar Roy said that NPP was extended support on the condition that Sangma is made the CM.
Michigan, Purdue surge into Big Ten title game
The Wolverines are led by sweet shooting big man Mo Wagner, a German import who leads the team with 14.5 points per game. Michigan State (12-21-2), the 7th seed, and Ohio State (22-8-5), the No. 2 seed, meet in Game 2 at 7 p.m.
Shaquem Griffin blazes fastest 40 for Combine LB since 2003
If I drop the ball, it's because I have one hand, not because of anything else, even if people with two hands drop the ball. He got stronger as games got longer, too, showing unbelievable endurance and an indomitable will to thrive under pressure.