Frankfurt, Germany • More wild market swings appeared imminent Thursday, with U.S. stocks heading sharply lower after the largest single-day point gain in history for the Dow.
Slowing economic growth globally and a partial U.S. government shutdown heading into its sixth day whipsawed markets from Europe to Asia. Dow futures pointed to a 400-point loss less than two hours before the opening bell, following a 1,000-point gain the previous day.
Trading resumed in European markets which had been closed for the Christmas holiday, and the German DAX slid 1.7 percent to 10,447.