Stocks saw a dramatic pullback — their third in as many trading days — as a confluence of factors including ongoing fears of an economic slowdown and repositioning on Wall Street sent shares tumbling. The Dow Jones Industrial Average dropped 1,034 points, or 2.6%. The Nasdaq Composite lost 3.4%, and the S&P 500 slid 3%. The blue-chip Dow and S&P 500 were on track for their biggest daily losses since September 2022. The rout on Monday was sparked by a massive sell-off in Japanese stocks. The benchmark Nikkei 225 index fell 12.4%, its worst day since the 1987 ‘Black Monday’ crash rattled investors around the world. Japan and other Asia-Pacific markets appeared to recover on Tuesday, however, with the Nikkei rebounding as much as 10%. Traders work on the floor of the New York Stock Exchange on Monday in New York City.Spencer Platt / Getty Images The Japanese drawdown on Monday was partly in response to…
