US stock markets see another wild day amid concerns over Fed and Ukraine

Dow and Nasdaq recoup losses after early plunges while European and UK markets suffer big losses

US stock markets were hit by another wave of wild trading on Monday as investors worried that the Federal Reserve would wind down its support for the economy faster than expected and fears of a possible Russian invasion of Ukraine intensified.

Last week's sharp selloffs were repeated in early trading on Monday but by the end of the day, the S&P 500 stock index regained its losses, ending up 0.29%, the Dow Jones rose 99 points, or 0.29%, after dropping 1,115 points at its low, and the tech-heavy Nasdaq gained 0.5%.