Wall Street stocks traded choppily on Wednesday after heavy falls in the previous session as traders weighed up fresh signs of a looming economic slowdown.
The blue-chip S&P 500 share index bounced between small gains and losses before eventually closing 0.1 per cent lower for the day. The technology-focused Nasdaq Composite was flat.
The calmer day followed a volatile Tuesday, when a lacklustre US consumer confidence report fuelled concerns about a downturn and prompted steep losses in both indices. The S&P 500 has fallen almost 20 per cent so far this year.
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