EUROPE: U.S. stocks fell sharply in early trading when it appeared that European markets were heading for a second straight day of deep losses, but pared most of their losses in the afternoon.
SERVICE SURPRISE: Signs of growth in the U.S. service sector helped tame some concerns about another U.S. recession. The Institute for Supply Management said the service sector grew more than analysts had expected in August.
THE INDEXES: The Dow fell 100.96, or 0.9 percent, to 11,139.30. The S&P 500 lost 0.7 percent to 1,165. The Nasdaq fell 0.3 percent to 2,474.
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