Another volatile run on Wall Street left stocks lower Tuesday, extending the market’s recent losses as traders brace for updates on inflation and corporate earnings.
The S&P 500 fell 0.7 percent, marking its fifth straight loss. The benchmark index had been down as much as 1.2 percent in the early going after a dour forecast from the International Monetary Fund stoked recession fears. It then gained as much as 0.8 percent before a late-afternoon reversal.
The Nasdaq composite also slid back into the red, ending 1.1 percent lower. The Dow Jones Industrial Average shed most of a 1.2 percent gain to finish 0.1 percent higher….