India, July 29 -- After tumbling early in the session on Wednesday, stocks showed a significant recovery over the course of the afternoon before seeing substantial volatility late in the day.
The Nasdaq and S&P 500 reached positive territory going into the final hour of trading only to nosedive going into the end of the session.
The major averages all finished the day sharply lower, just off their worst levels. The Dow plunged 1,153.18 points or 2.2 percent to 51,594.14, the Nasdaq tumbled 433.97 points or 1.7 percent to 24,442.94 and the S&P 500 slumped 112.63 points or 1.5 percent to 7,316.15.
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