The MSCI All-Country World Index's drop from a May record passed 19%, edging toward bear market territory.
U.S. stocks staged an afternoon rally to finish little changed, shrugging off a renewed rout in crude sparked by concern that China's economy is slowing.
Markets rallied around the world on the Bank of Japan's surprise move.
Still expect to 'gradually' raise borrowing costs while watching to see how the global economy, markets impact U.S. outlook
As key indexes first started going south earlier this month, almost 4 million people contacted Fidelity on January 4 alone, either online or by phone, to check on their retirement savings.
Turnaround in sentiment comes amid signs central banks may be prepared to act
Leaked files from a Panama law firm that creates shell companies show that politicians, criminals and celebrities worldwide have used banks and shadow companies to hide their finances, according to a new report.
Deutsche Bank agreed to sell its U.S. private-client services unit to Raymond James Financial Inc. in a deal that involves 200 advisers and 400 support staff for the IBD.
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