NEW YORK—Street extended its slide into a sixth session and a global equity index fell to a 1-year low on Oct. 11 as investors feared an escalating U.S. trade war with China and risks from a recent climb in interest rates.
The Nasdaq flirted with correction territory, sliding as much as 10.3 percent from its Aug. 29 closing record high, before paring losses to end off those levels and avoiding confirming a correction.
