Wall Street stocks were back in free fall Thursday after the prior session’s mammoth rally as markets gyrated amid rising worries about a US trade war and US recession.
Near 1630 GMT, the S&P 500 was down about six percent, with the Dow off more than five percent and Nasdaq around seven percent as the closely-watched CBOE Volatility Index, a measure of risk, soared more than 40 percent.
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