Stock market volatility works in both directions. A day after gaining more than 1,000 points, the Dow fell 500 points Thursday. The S&P 500 fell 2.1% and the Nasdaq was down 2.2%. The Nasdaq fell back into bear market territory.
Russia’s new hypersonic missile system, which President Vladimir Putin claims is “invulnerable” to US defenses, will enter service in 2019, the Russian leader said after a test of the missile Wednesday.