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2:34 AM Tue, Oct. 23rd

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U.S. stocks swooned Friday and Monday as investors worried that accelerating inflation and higher interest rates could derail the market's record-setting rally. The wild swings Tuesday, Feb. 6, marked the third day of volatility in global markets.

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*Update* - Stocks plunge, then recover as wild ride continues

The stock market recovered after an early plunge Tuesday and was little changed in morning trading, raising hopes of a halt to a global sell-off in stock markets. The swings came one day after the steepest drop in 6 ½ years.