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The Dow Jones Industrial Average sank 800 points after the bond market flashed a warning sign about a possible recession for the first time since 2007.
Sending Wall Street into a slide, China announced higher tariffs Monday on $60 billion worth of American goods in retaliation for President Donald Trump's latest penalties on Chinese products.
Uber began trading as a public company at $42 per share Friday, nearly 7% below its initial public offering price on an already volatile day for the markets.
Stocks surged on Wall Street Wednesday, with the Dow Jones Industrial Average vaulting more than 1,000 points, its biggest one-day point-gain ever.
The Dow Jones industrial average plunged 1,175 points, or 4.6 percent, erasing its gains for the year.
Stocks fell sharply as investors worried that the latest turmoil in Washington could hinder President Donald Trump's pro-business agenda.
Dow Jones industrials closed at a record high for the 12th consecutive time.
Twitter is struggling to convert its headline omnipresence into cash and its profit expectations going forward is sending investors scattering.
Stocks closed solidly higher on Wall Street following even bigger gains in Europe as global markets stabilize following a two-day rout triggered by Britain's vote to leave the European Union.