NEW YORK, Oct 15 (Reuters) – Stocks and the U.S. dollar slumped and safe-haven government debt rallied on Wednesday, as investors around the globe resumed their flight from riskier assets after weak U.S. and Chinese inflation figures.
Selling in stocks appeared panicky at the open on Wall Street, with major indexes down more than 2 percent early in the session. Markets cut losses in half but indexes remained at multi-month lows.
Rodrigo Campos | Reuters