(WSJ) – Mounting concerns about the pace of growth spurred fresh declines in stocks around the world Tuesday, wiping out yearly gains for the S&P 500 and Dow Jones Industrial Average. What started as a selloff in shares of high-flying technology companies bled into other corners of the financial markets, as investors drove down prices for everything from shares of retailers and energy companies to oil and bitcoin. The latest bout of selling left investors grappling anew with concerns that the nearly 10-year bull
market could be running out of steam, even as ongoing growth in U.S. jobs, manufacturing, and corporate earnings signal to many that a recession isn’t imminent. Traders described a hectic opening for stock trading, with some companies swinging in the first several minutes on higher-than-usual trading volumes. Amazon.com dropped 6% shortly after the open before bouncing back into positive territory. Shares then meandered lower, closing down $16.83, or 1.1%, at $1495.46. READ MORE
