Wall Street navigated a fresh round of turbulence to kick off the trading week after President Donald Trump did not rule out a tariff-driven recession.
As of 12:12 p.m. ET on March 10, the blue-chip Dow Jones Industrial Average was down 495 points, or 1.16 percent.
The tech-heavy Nasdaq Composite Index plunged more than 620 points, or 3.41 percent, officially transitioning into correction territory (down 10 percent from its high). The broader S&P 500 erased more than 124 points, or about 2.17 percent.
Treasury yields were also red across the board as traders sought shelter amid the volatility. The benchmark 10-year declined to around 4.22 percent. The two-year yield slipped below 4 percent, while the 30-year yield struggled to hold 4.53 percent….