The Dow opened the day with a decline of more than 500 points Wednesday as banking fears spread across global markets, though the index pared losses to close the day down about 281 points, or 0.9%.
&P closed down about 0.7%, while the Nasdaq eked out a slight gain for the day.
Credit Suisse stock ultimately closed about 24% lower. Switzerland's central bank said late Wednesday it was ready to provide financial support to Credit Suisse if necessary. Markets also digested the latest economic data giving insight into the state of inflation. The Producer Price Index, a metric measuring prices paid for goods and services by businesses before they're sold to customers, fell to 4.6% for the 12 months ended in February.
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